Brokers pessimistic about business

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Overall business volumes have remained flat, according to the quarterly CBI/PwC Financial Services Survey.

Brokers are on balance negative about the overall business situation in the sector after optimism dropped sharply in the second quarter of 2018, according to the latest Financial Services Survey by CBI/PwC.

A net 25% of brokers said they were pessimistic about the overall business situation in the sector.

This was a further worsening of the situation from the first quarter of the year when 4% more brokers were negative than positive.

Meanwhile the poll showed that overall business volumes

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