UK consumer confidence slightly improves to -18, but economic outlook remains pessimistic.

UK consumer confidence has risen by three points to -18, according to GfK, with further improvement expected before Black Friday. Despite this uptick, economic expectations remain negative at -26. Neil Bellamy from GfK notes that while there's optimism ahead of the New Year, inflation and cost-of-living pressures persist. Retailers hope the holiday season, including Black Friday and Cyber Monday, will boost spending on Christmas gifts.

4 months ago
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