• Bank of England regional agents' report says investment intentions had remained positive, but mainly reflected investment to maintain business activity

Market news

14 February 2018

Bank of England regional agents' report says investment intentions had remained positive, but mainly reflected investment to maintain business activity

  • Growth in activity had held steady at a modest pace

  • Strong growth in inbound tourist spending, though there were some signs of a softening in discretionary spend by domestic

  • Banks' risk appetite towards construction and retail had fallen slightly

  • Fall in sterling has led to some, albeit still limited, switching from overseas to cheaper domestically produced goods

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