Latest Consumer Confidence Crashes to Record Low

Latest Consumer Confidence Crashes to Record Low

Reeves is still in Washington, D.C., buttering up White House officials in a bid to secure a trade deal. Reeves said last night that the UK would “not rush” any agreement but that she was “confident” a deal could be reached.[…] Read the rest

Consumer confidence dips again

Sterling climbed close to its best level for over two weeks against the euro in early trading this morning as GBP/EUR continues a slow but unsteady recovery from the precipitate falls at the start of the month. It is being buffeted by a set of downbeat consumer and business confidence readings. Yesterday the CBI’s business confidence index showed continuing pessimism in the UK’s manufacturing sector amidst lower demand from both home and abroad.…

According to the research group GfK, the British are becoming more pessimistic, as they fear the weight of commercial tariffs and inflation; the index fell four points in April

Threat Of Trade War Impacts Consumer Confidence

A survey by the British Retail Consortium (BRC) suggests consumer confidence in the UK has been severely knocked by the global financial market turmoil unleashed by US President Donald Trump’s tariff announcements earlier this month. The trade body found that (more…) The post Threat Of Trade War Impacts Consumer Confidence appeared first on KamCity.