Retail sales stagnant in March despite improving prospects for UK economy April 19, 2024 A survey from Deloitte, released today, showed that consumer confidence had reached its highest level in two years.
Recession red-flags but Brits still look set to splash the cash this Christmas December 15, 2023 Consumer confidence has increased amid Christmas cheer in a small but much-needed boost for retailers, figures show.
The City View: Michael Hewson on the central bank dilemma, equity market resilience, consumer confidence dip April 5, 2022 Today Andy Silvester talks to CMC Markets’ Michael Hewson — they go through the latest on PMI; the effect of inflation and price hikes on consumer confidence; the dilemma central banks face when it comes to hiking rates or not; and market resilience and rebound amidst European turmoil. Andy also takes us through the headlines: [...]
Cascade of ‘cheerless’ economic news weighs on consumer confidence October 22, 2021 A cascade of “cheerless” news about the health of the UK economy has caused consumer confidence to plummet. Severe petrol and food shortages, compounded by soaring energy costs and wider inflationary pressures has engineered a cost of living crisis in the UK and stalled the economic recovery. As a result, consumer confidence slid to minus [...]
Consumer confidence drops further as cost of living concerns intensify due to skyrocketing bills February 7, 2022 Consumer confidence dropped further in the fourth quarter of last year as Brits concerns about the cost of living intensified. Skyrocketing bills resulted in UK consumer confidence falling one percentage point at the end of last year, to minus 11 per cent, according to the latest Deloitte Consumer Tracker. Cost increases for utilities and groceries [...]
FTSE 100 today: London markets set to rebound, but fifth consecutive weekly losses loom June 14, 2024 Asian stocks slipped amid rising Europe-China trade tensions. The BOJ maintained rates. Eyes on US consumer confidence and import prices.
Consumer confidence edges up despite inflation and supply chain woes November 19, 2021 Shoppers put aside concerns about soaring inflation and supply chain woes and spend in the run-up to Black Friday and Christmas, leading consumer confidence to edge up, according to new data published this morning. GfK’s long-running Consumer Confidence Index increased three points to minus 14 in November following a three-month downturn. A seven-point jump in [...]
UK consumer confidence inches down in August August 20, 2021 Consumer confidence among Brits edged down over the last month driven by concerns over the possible economic implications of future surges in Covid cases, according to fresh data published today. Research from GfK shows consumer confidence dropped one point over the last month to -8 points in August 2021. The marginal decline is likely to [...]
FTSE 100 today: Footsie to open lower amid political uncertainty and wavering rate cut bets May 24, 2024 Asian stocks fall on speculation of delayed Fed rate cuts; US approves Ethereum ETFs; eyes on UK retail sales, US consumer confidence.
Wagamama owner TRG hikes profit forecast as it warns of slow battle to recover consumer confidence January 21, 2022 Wagamama owner The Restaurant Group has upgraded its profit expectations after strong trade at the end of last year despite Covid uncertainty. The group was affected by Omicron concerns and restrictions, such as guidance to work from home, but said it continued to trade ahead of the market. In a trading update on Friday, the [...]