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flag UK households are pessimistic about their financial future, with confidence at a 15-month low.

flag A recent S&P Global survey shows UK households expect their financial wellbeing to sharply decline over the next year, with confidence at its lowest in 15 months. flag The Consumer Sentiment Index fell to 45.3 in March, indicating pessimism in spending and job security. flag Despite this, there's a growing willingness to borrow, as it's become easier to secure credit. flag Higher-income households are an exception, seeing some financial improvement.

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