Lloyds' Gareth Oakley on U.K. Business Confidence

The video discusses a survey conducted before the UK election results were known, highlighting the political instability and its impact on business confidence. Post-Brexit, there was an increase in confidence, especially in construction, while retail faced challenges due to exchange rates. The consumer sector is under pressure from inflation and stagnant wages, with businesses expecting to raise prices.

What are the current challenges faced by the British consumer sector?

What does the survey indicate about businesses' expectations regarding price increases?