UK consumer confidence rose two points to -17 in August, with personal finance measures improving after the Bank of England’s interest rate cut, according to GfK.
However, outlook for the economy remains weak, with inflation, rising unemployment, and tax concerns weighing on sentiment.
Despite the month’s best score so far in 2025, GfK warned confidence remains fragile and uncertain.
However, outlook for the economy remains weak, with inflation, rising unemployment, and tax concerns weighing on sentiment.
Despite the month’s best score so far in 2025, GfK warned confidence remains fragile and uncertain.
