Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag UK consumer confidence hits new low as economic outlook dims, retailers brace for cost increases.

flag UK consumer expectations for the economy have hit a new low, with the British Retail Consortium's (BRC) consumer sentiment index dropping to minus 34 in January from minus 27 in December. flag This decline is partly attributed to the end of the festive spending period and is most pronounced among older generations. flag Additionally, the BRC warns that retailers face an extra £7 billion in costs, potentially leading to price hikes and job cuts.

28 Articles