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Consumer confidence, Budget
'Painful' Budget warning spooks people's confidence
Some economists have linked the drop to officials' warnings of a "painful" Budget at the end of August, although it is impossible to prove a link. There were "major corrections" - or double digit falls - for consumers' perception of the general economic situation, as well as how likely they were to make big purchases.
Consumer confidence falls sharply as households ‘nervously’ await Budget
Consumer confidence falls sharply as households ‘nervously’ await Budget - GfK’s Consumer Confidence Index fell seven points to minus 20, with significant drops in predictions for personal finances and the general economy.
Consumer confidence slumps following warnings of 'tough choices' in budget ahead
The findings of the GfK survey chime with official retail sales figures also released on Friday which showed sales growth was limited to supermarkets and clothing retailers offering end of summer sales.
Marketing Week
1d
Consumer confidence takes ‘big fall’ following months of slow build
Consumer confidence in the economy and personal financial situations has fallen for the first time in six months, according ...
1d
on MSN
FTSE 100 Live 20 September: Retail sales and borrowing figures, confidence slides
Consumer confidence appears to have taken a big hit in the run-up to next month’s Budget. The reversal comes despite stable ...
17h
Ailbhe Rea: Doom, Gloom and Warm White Wine
Hi there, this is Ailbhe Rea, a Bloomberg UK Associate editor based in Westminster. Rachel Reeves, if you’re reading, look ...
Car Dealer Magazine
20h
Sep 20: Consumer confidence falls; Next could close stores; Lotus Theory 1 concept
Consumer confidence falls sharply as households ‘nervously’ await Budget Consumer confidence has fallen sharply in 'not ...
1d
Confidence slumps amid concerns Labour is talking Britain into recession
Household confidence has sunk as concerns grow that Rachel Reeves and Sir Keir Starmer are talking Britain into a downturn ...
22h
China Budget Spending Slide Deepens in Worrying Sign for Economy
China’s broad budget expenditure shrank at a faster clip amid an unprecedented drop in income earned by local governments ...
20h
Rachel Reeves to hike taxes by up to £16 billion in October Budget, warn economists
Rachel Reeves will raise taxes by up to £16 billion in the autumn Budget to avoid inflicting austerity cuts on Britain’s ...
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