UK consumer confidence in the economy drops, causing concern for retailers as Christmas approaches.

As Christmas approaches, UK consumer confidence remains weak, with a slight improvement in personal finances expectations but a decline in economic outlook. The BRC-Opinium survey shows consumer confidence in the economy dropped to -19, raising concerns for retailers who may face higher costs. Despite minor positives in spending and eating out expectations, overall sentiment is cautious amid budget-related economic worries.

November 28, 2024
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