Consumer confidence ‘in the doldrums’ as Brits ‘live now, pay later’

Consumer confidence is still “in the doldrums” according to GfK, which doesn’t expect the UK economy to catch alight any time soon.
In September, the overall consumer confidence index rose by just one point to -9 – this is eight points lower than the same period a year ago. Consumer perceptions of their personal finances over the last 12 months experienced the biggest fall, down three points to -1. And expectations for personal finances over the next 12 months also fell i