UK business confidence at nine-month high following COVID-19 vaccine breakthrough

Coronavirus Covid-19 Protection and Vaccine. Doctor drawing up solution from vaccine bottle and filling syringe injection for patient vaccination in medical clinic, Coronavirus in background
Confidence increased across all industry sectors to its highest levels seen since the pandemic began in March. Photo: Getty

The coronavirus vaccine breakthrough saw the UK’s business confidence climb to a nine-month high, according to the Lloyds Bank Business Barometer.

Overall business confidence increased by seventeen percentage points to -4{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49}