29-04-2016 01:09 via news.yahoo.com

Brexit vote uncertainty erodes UK consumer, business confidence

Market research company GfK said its main gauge of consumer confidence fell to its weakest reading since December 2014 at -3, down from zero in March and below a median forecast for -1 in a Reuters poll of economists. Optimism about the economy in the year ahead slipped to its lowest level since June 2013, around the time Britain's economic recovery started in earnest, GfK said. A separate survey of businesses by Lloyds Bank reinforced the gloomy tone, as companies turned more pessimistic.
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