UK consumer confidence tumbles as households fear ‘painful’ budget; UK debt hits 100% of GDP – business live
Consumers are nervously awaiting the budget, reports data provider GfK, while national debt hits highest level since 1960s.   15:28 A day after stocks hit record highs, the mood on Wall Street is a little more subdued today.
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.
6 On Your Side Consumer Confidence: Best budget tech for your student
Consumer Reports shares the best options to save money with back-to-school fall tech sales in this week's report.
UK consumer confidence tumbles in anticipation of ‘painful’ Budget
Starmer insists he is setting out reality of ‘badly damaged economy’ as GfK survey shows sharp fall in household morale
Consumer confidence falls as households nervously await 'painful' Autumn Budget
GfK's Consumer Confidence Index fell seven points in September to minus 20, with significant drops in predictions for personal finances and the general economy over the coming year
Labour gloom sees consumer confidence plummet ahead of 'painful' Autumn Budget
The last time the index declined so steeply was in April 2022, in the wake of Russia's invasion of Ukraine which sent energy costs soaring.
UK consumer confidence tumbles as households brace for ‘painful’ budget – business live
Consumers are nervously awaiting the budget, reports data provider GfK, wiping out recent recovery in confidence
UK Consumer Confidence Dives Amid Labour Tax Warnings, GfK Says
UK consumer confidence crashed in September by the most in two-and-a-half years amid dire warnings from the new Labour government about “tough decisions” that need to be taken to fix the public finances.
FirstFT: UK consumer confidence falls sharply in September
But first, we turn to the UK, where consumer confidence has fallen sharply as households anticipate what Sir Keir Starmer has warned will be a “painful” Budget. The GfK consumer confidence index — a measure of how people view their personal finances and broader economic prospects — fell seven points to minus 20,
Consumer confidence OBLITERATED as Starmer and Reeves talk down UK ahead of 'painful' Budget
Fears over Rachel Reeves's impending "painful" Budget have set British consumer confidence back almost nine months. In a fresh blow for the nascent Starmer Government, Britons are "nervously awaiting" some "difficult decisions to come" - the prospect of which has prompted scorn and concern from economists,
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 ...
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 ...
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 ...
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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 ...
'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 ...