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Painful budget warning spooks people's confidence
The longest-running measure of consumer confidence fell sharply in September, raising concerns about whether government rhetoric about Budget "pain" has spooked people. GfK's Consumer Confidence Index had been recovering after years of rolling crises, higher interest rates and inflation gradually creeping up.
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.
Consumer confidence falls after Budget warning
A long-running measure of consumer confidence has shown a significant drop in September, after warnings by the new government about the state of the public finances and a “painful” Autumn Budget to come.
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
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.
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 public services, economists are predicting. They believe the Chancellor may hike inheritance tax,
1d
on MSN
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 ...
KAAL TV
4d
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.
8h
on MSN
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. ...
Investing
18h
Consumer confidence plummets ahead of Budget
Proactive Investors - Gloomy comments about what might be in the forthcoming Budget have taken a toll on consumer confidence ...
Car Dealer Magazine
11h
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 ...
Investment Week
12h
UK consumer confidence falls sharply ahead of Autumn Budget
UK consumer confidence fell sharply in September, as households brace for Chancellor Rachel Reeves' Autumn Budget next month.
17h
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 ...
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