Financially secure shoppers cut spending due to UK economy fears
Three in five shoppers believe that the UK economy is worsening, leading financially secure consumers to cut back their spending, according to KPMG UK.
The amount of people who felt the UK economy was worsening increased by 15 percentage points in the last three months to 58%.
However, 55% of shoppers said they currently felt financially secure, making it two percentage points lower than the previous quarter.
While those that felt insecure about their finances was up from 21% to 24% over the las
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