Data: Consumer spending intentions plunge to two-year low

UK consumer confidence has dipped for the second consecutive quarter, with more people now saying they feel worse off – and intend to spend less – than at any point since 2023.
PwC’s spring 2025 data shows consumer sentiment fell from -8 in January to -12 by the end of March — its lowest level since September 2023 and the lowest under the new government.
PwC said the decline was driven by worsening household finances, greater concern over the UK economy, and a rise in sho