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Britain's Retail Slump Deepens After Fuel Costs Rise and Consumer Confidence Suffers Biggest Fall Since COVID

British retail sales fell more than forecast in September, while consumer confidence plunged in October amid household cost pressures and uncertainty ahead of the Chancellor's budget.

International Business Times UK · Oct 24

Oil hits five-month high as global stocks wobble on AI fears; retail sales in Great Britain fall as shoppers cut back - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Oct 23

UK consumer confidence falls at fastest rate since Brexit vote as cost of living bites

Economic fallout from war in Middle East adds to pressures on consumers and on chancellor before budget

The Guardian - UK · Oct 23

‘Burnham bounce’ risks deflating unless focus remains on struggling households

UK’s inequalities expose splits in consumer economy, with spending suffering and a decline in savings among the poorest

The Guardian - UK · Jul 26

‘Burnham bounce’ and World Cup lift mood in July, says data firm

‘Wave of optimism’ is sparked by prospect of new prime minister, England football team’s progress and hot weather

The Guardian - UK · Jul 24

Consumer confidence sees six-point ‘Burnham bounce’

GfK said the ‘sense of a fresh start’ following Mr Burnham’s appointment ‘surely accounts for some of this bounce’.

Evening Standard · Jul 23

UK economy boosted by Andy Burnham, heatwaves and the World Cup

A number of factors have appeared to ‘lift the mood’ despite consumer confidence remaining firmly in negative territory

The Independent UK · Jul 23

Consumer confidence plunges among younger adults

GfK’s long-running Consumer Confidence Index remained unchanged at an overall score of minus 23 in June.

Evening Standard · Jun 18

Slight improvement in consumer confidence amid ‘clear challenges ahead’

GfK’s long-running Consumer Confidence Index rose by two points in May, but is still four points lower than this time last year at minus 23.

Evening Standard · May 21

Consumer confidence falls as rapid price rises give households the ‘jitters’

GfK’s long-running consumer confidence index fell four points to minus 25 in April.

Evening Standard · Apr 23