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flag UK consumer confidence drops sharply due to job security fears, high inflation, and living costs.

flag UK consumer confidence saw its sharpest drop in nearly three years during Q2, falling by 2.6 points to 10.4%, according to Deloitte. flag The decline stems from worries over job security, rising inflation, and high living costs. flag Despite this, Deloitte noted that business confidence remained resilient. flag Unemployment reached 4.7% in May, its highest since 2021, with inflation at 3.6% in June.

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