Economics

U.K. Economic Optimism Hits Highest Since 2016 as Lockdown Eases

  • Business confidence climbs further, Lloyds Bank survey finds
  • U.K. economy set for sharp rebound on consumer-led recovery

Workers buy lunch in view of St. Paul's Cathedral in The City of London on May 27.

Photographer: Jason Alden/Bloomberg
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U.K. firms are more upbeat about the economy than at any time since 2016, buoyed by a further easing of coronavirus restrictions in May, according to a survey published Friday.