Lloyds Banking Group(US:LYG) 智通财经网·2025-08-29 01:13Group 1 - The core viewpoint indicates that despite tax increases implemented by UK Chancellor Reeves, business confidence in the UK rose to its highest level in nearly a decade in August, with an increased proportion of companies planning to hire more employees in the coming year [1][4]. - The Lloyds Business Barometer shows that over 80% of surveyed companies reported that the wage tax and minimum wage increases effective from April had limited impact on their hiring plans, with hiring intentions rising for the fourth consecutive month, and 62% of businesses planning to increase staff in the next 12 months [1][4]. - Approximately 35% of employers plan to raise wages by 4% or more, a 10 percentage point increase from the previous month, while the proportion of companies planning to raise prices in the next year rose to 67% in August, with only 2% expecting price declines [1][4]. Group 2 - The survey results indicate a significant increase in companies' willingness to raise prices and substantially increase wages, with nearly a quarter of surveyed businesses now expecting to raise wages by 4%, suggesting that companies are passing higher labor costs onto customers rather than employees [4]. - These findings may provide support for Chancellor Reeves, whose tax measures have faced criticism for potentially suppressing growth and increasing inflation, although they could also heighten concerns among Bank of England policymakers regarding ongoing price pressures [4][6]. - Lloyds Bank's senior economist, Hann-Ju Ho, noted that the sustained upward trend in business confidence suggests that UK companies remain optimistic about their trading prospects, despite a slight cooling in confidence regarding the broader UK economy [6].