Consumer Confidence Plummets to Lowest Level in a Year
In January, consumer confidence hit its lowest point since late 2023, according to GfK's consumer confidence report. The overall...
UK economy
UK Economy Grows Modestly; Poundland Revival Efforts and Retail Initiatives
The UK economy saw a modest growth of 0.1% in November 2024 after two months of decline, mainly due...
UK Economy Narrowly Returns to Growth in November
The UK economy narrowly returned to growth in November, with real GDP increasing 0.1% due to a rise in...
UK Economy Faces Grim Outlook as CBI Warns of Decline and Weak Hiring Intentions
The Confederation of British Industry (CBI) warns that the UK economy is on track for a dismal start to...
UK Economy Stagnates Amid Budget Uncertainty
UK GDP stagnates in Q3 2024 due to budget uncertainty, according to Office for National Statistics. The services sector...
Sainsbury’s CEO Urges Government Action for Consumer Confidence Boost Amid Economic Uncertainty
Sainsbury's CEO Simon Roberts urges the government to boost consumer confidence in the upcoming Budget, citing concerns over higher...
UK Economy Stagnates for Second Month Amid Mixed Sector Performance
In July 2024, the UK economy remained stagnant for the second consecutive month, defying expectations of a 0.2% growth....
UK Economy Stalls Amid Wet Weather; Superdry Restructures, DFS Adjusts Guidance, BHS Directors Fined
The UK economy stalled in April due to wet weather dampening consumer spending, with services output rising only 0.2%...
UK Economy Stalls in April Amid Wet Weather and Inflation Concerns
In April, the UK economy stalled due to wet weather dampening consumer spending, with no growth in monthly real...
UK Consumer Confidence Rises Amid Cost-of-Living Crisis
Consumer confidence sees a three-point rise in May, reaching -27, according to GfK's Consumer Confidence Index. Personal finances are...