Companies Lloyds Banking Group PLC FollowLONDON, Sept 29 (Reuters) - British business confidence declined in September as optimism about the economic outlook faded, a survey showed on Friday, adding to signs of a slowdown in the economy.
The Lloyds Bank Business Barometer, which surveys around 1,200 companies across the economy, fell to 36% from August's 18-month high of 41%.
Hann-Ju Ho, senior economist at Lloyds Bank Commercial Banking, said the BoE's decision - taken after the survey was conducted - could underpin business confidence in the coming months.
While Lloyds said its gauge of pricing expectations inched higher in September, hiring intentions cooled.
The proportion of companies planning to raise salaries also fell, although remained around the average for the year.
Persons:
Hann, Ju Ho, Andy Bruce
Organizations:
Lloyds Banking Group, Lloyds Bank, P Global PMI, Lloyds, Bank of England, Lloyds Bank Commercial Banking, National Statistics, Thomson