Brexit fears have knocked confidence within the financial services sector where sentiment deteriorated in the three months to September, according to the latest CBI/PwC Financial Services Survey.

There was a decline in optimism among financial services firms for the second consecutive quarter due to stronger competition, rising uncertainty about demand due to Brexit and other economic issues and slowing profits growth, according to the latest CBI/PwC Financial Services Survey.

Business owners “crave stability” on tax and have urged the Government not to further tinker with pensions, a survey of more than 160 companies found.

Growth in business volumes for financial services firms slowed in the three months to September as optimism levelled out, according to the latest CBI/PwC Financial Services Survey. Read more...