Consumer Confidence Weakens Among Britons Amid Tax Rise Fears

Consumer confidence weakens among Britons amid tax rise fears

Researchers suggested the figures showed that consumers are currently ‘sensing stormy conditions ahead’.

Retail sales up - but confidence weakens as Britons fear tax hikes

Retail sales momentum returned last month due to record-breaking June temperatures, but confidence weakened as Britons sensed 'stormy conditions ahead'.

Consumer confidence weakens amid tax rise fears

Photo by StockSnap from Pixabay Consumer confidence weakened slightly in July amid concerns from shoppers that they could face potential future tax rises, according to new figures. GfK’s long-running Consumer Confidence Index dropped one point to remain in firmly negative territory at -19 points. Researchers suggested the figures showed that consumers are currently “sensing stormy conditions ahead” amid wider uncertainty in the economy. The drop…

Consumer confidence falls amid UK price rises

New figures from the British Retail Consortium (BRC) and Opinium show economic confidence falling sharply amid rising concern over inflation and household budgets.The post Consumer confidence falls amid UK price rises appeared first on Retail Insight Network.

Consumer confidence dips in July ahead of possible autumn tax rises

Brits’ confidence ticked down in July despite sunny weather, with caution building ahead of possible tax rises in the government’s autumn Budget. Sentiment dipped by one point to -19 in July, according to GfK’s Consumer Confidence Index. The measure for the general economic situation of the country during the last 12 months fell one point to -44; 12 points worse than in July 2024. Expectations for the general economic situation over the next 12 …

Inflation shakes consumer confidence - Credit Connect

Latest research by the British Retail Consortium (BRC) has shown that that the rise of inflation has shaken consumer confidence. The data showed