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Consumer confidence tumbles as firms face ‘tsunami of costs’
Households expect the economy to weaken and 57% of them foresee higher interest rates, according to an Opinium survey for the British Retail Consortium.
Summary by City AM
4 Articles
4 Articles
Consumer confidence tumbles as firms face ‘tsunami of costs’
John Healey has been urged to tackle the “tsunami of costs” facing firms as consumer confidence tumbled ahead of the crucial Budget next week. Brits’ confidence in the state of the economy worsened from -32 to -40 in October, according to the British Retail Consortium (BRC)’s index, marking the third consecutive month of deteriorating sentiment. [...]
·London, United Kingdom
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Coverage Details
Total News Sources4
Leaning Left2Leaning Right0Center2Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
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