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Young Brits drive consumer confidence up while high-income households cut back

Summary by City AM
A confidence boost amongst Gen Z Brits drove an improvement in consumer confidence in June while wealthier households held back, according to new data. Overall confidence about the state of the UK’s economy improved to -38 in June, up from -36 in May, according to the British Retail Consortium (BRC). Brits’ confidence about their personal financial situation improved to -5, up 7 points month on month, while personal spending rose two points to +…
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bigfurnituregroup.com broke the news in on Thursday, June 19, 2025.
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