UK economy putting a ‘muzzle on consumer confidence’
A stronger jobs market, rising real incomes, low interest rates and low levels of headline inflation helped UK consumers feel a little bit more upbeat about the UK economy in May, according to GfK’s Consumer Confidence Index, with confidence rising two points to -7.
However, the figures reveal an odd mismatch of positive scores for personal finance contrasting with very negative scores for how Brits see the wider economy – which have not entered positive territory for almost two and
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