FOREX TradingCharts.com

Financial News: UK Financial Services Sector Sentiment Weakens: CBI/PwC

UK Financial Services Sector Sentiment Weakens: CBI/PwC

07/01/2019 - 06:28:00 (RTTNews)

(RTTNews) - UK financial services sector sentiment continued to weaken in the second quarter, the financial services survey from the Confederation of British Industry/ PricewaterhouseCoopers showed the Monday.

About 2 percent of firms said they were more optimistic about the overall business situation compared with three months ago, whilst 34 percent were less optimistic, giving a balance of -32 percent, compared with -43 percent in previous quarter.

Nonetheless, the balance of firms reporting higher business volumes in the second quarter rose to -3 percent from -12 percent a quarter ago.

Looking ahead to the quarter to September, a balance of -24 percent expects business volumes to fall.

"The financial services sector is in a relative state of flux. Business sentiment remains depressed, but trading levels are stable," Andrew Kail, Head of Financial Services at PwC said.

"However, the wider industry is still in a strong position to drive positive change for consumers and achieve higher levels of performance."

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


IMF Trims Singapore's 2019 Growth Outlook (32 min(s), 32 sec(s) ago)
(RTTNews) - The International Monetary Authority lowered Singapore's growth outlook for 2019 c ...Full Story»

RBA Minutes: Board To Continue Monitoring Labor Market Closely (39 min(s), 28 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia said policymakers will continue monitoring the labor mar ...Full Story»

European Economics Preview: UK Labor Market Data Due (18 min(s), 28 sec(s) ago)
(RTTNews) - Labor market statistics from the UK and economic sentiment from Germany are due on Tue ...Full Story»

New Zealand Consumer Prices Climb 0.6% In Q2 (43 min(s), 28 sec(s) ago)
(RTTNews) - Consumer prices in New Zealand advanced 0.6 percent on quarter in the second quarter o ...Full Story»

New Zealand Consumer Prices Rise 0.6% In Q2 (13 min(s), 28 sec(s) ago)
(RTTNews) - Consumer prices in New Zealand were up 0.6 percent on quarter in the second quarter of ...Full Story»

RBA Minutes On Tap For Tuesday (58 min(s), 28 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its monetary po ...Full Story»

WWII Code Breaker Mathematician Alan Turing To Feature On New GBP50 Note (53 min(s), 28 sec(s) ago)
(RTTNews) - The Bank of England announced on Monday that the mathematician and World War II code b ...Full Story»

New York Manufacturing Activity Rebounds Modestly In July (20 min(s), 28 sec(s) ago)
(RTTNews) - After reporting an unexpected contraction in regional manufacturing activity in the pr ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

IMF Trims Singapore's 2019 Growth Outlook

07/16/2019 - 00:29 AM (RTTNews)
(RTTNews) - The International Monetary Authority lowered Singapore's growth outlook for 2019 c ...Full Story>>

RBA Minutes: Board To Continue Monitoring Labor Market Closely

07/15/2019 - 23:41 PM (RTTNews)
(RTTNews) - The Reserve Bank of Australia said policymakers will continue monitoring the labor mar ...Full Story>>

European Economics Preview: UK Labor Market Data Due

07/15/2019 - 23:20 PM (RTTNews)
(RTTNews) - Labor market statistics from the UK and economic sentiment from Germany are due on Tue ...Full Story>>

New Zealand Consumer Prices Climb 0.6% In Q2

07/15/2019 - 19:45 PM (RTTNews)
(RTTNews) - Consumer prices in New Zealand advanced 0.6 percent on quarter in the second quarter o ...Full Story>>

New Zealand Consumer Prices Rise 0.6% In Q2

07/15/2019 - 19:15 PM (RTTNews)
(RTTNews) - Consumer prices in New Zealand were up 0.6 percent on quarter in the second quarter of ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.