UK business upbeat but less so than before Brexit

British businesses turned more optimistic in November about the country’s economy although they are still not as confident as they were before June’s Brexit vote, a survey showed yesterday.

Business confidence hit its second-highest level since Britain voted to leave the EU, polling firm YouGov and the Centre for Economic and Business Research (CEBR), a think-tank, said.

The survey of 500 executives showed a “notable increase” in capital investment planned for the coming year.