Consumer Confidence Plunges to Four-Month Low Ahead of Winter Budget

Consumer Confidence Plunges to Four-Month Low Ahead of Winter Budget

Consumer confidence has hit a four-month low as Brits brace for tax hikes, according to S&P Global's latest Consumer Sentiment Index. 'Working

Consumer confidence drops to four-month low ahead of Autumn Budget

UK consumer sentiment has weakened in November as households reported greater strain on finances and growing uncertainty ahead of the Autumn Budget, according to the latest S&P Global UK Consumer Sentiment Index. The index, which tracks financial wellbeing, labour market conditions, spending, savings and debt, fell to 45.2 in November from 47.4 in October. A reading below 50 signals a deterioration. The survey, based on responses from 1,500 hous…

Consumer confidence plunges as Labour under fire

Consumer confidence plunged to a four-month low last month, a leading survey has suggested, as Budget tax rumours shared by Labour officials instilled fear in Britons up and down the country.  S&P Global’s UK consumer sentiment index slipped back in November as households became more nervous about their finances.  The reading for household finances dropped from 47.5 in October to 43.4 in November, far below the 50-figure mark for neutrality and …

Japanese Yen hangs near nine-month low against USD amid BoJ uncertainty

The Japanese Yen (JPY) continues with its relative underperformance against its American counterpart during the Asian session on Monday and remains closer to a nine-month low touched last week.