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UK consumer confidence rose slightly in Jan 2026 to -16, driven by better personal finances, but economic outlook remains grim.
UK consumer confidence edged up slightly in January 2026 to minus 16, the highest level in a decade but still far below positive territory, driven by improved personal financial perceptions, which rose four points to six—eight points above last year.
However, expectations for the broader economy dipped to minus 31, reflecting ongoing skepticism.
GfK’s Neil Bellamy attributed the gain to household resilience, not optimism, describing public sentiment as cautious self-reliance amid persistent economic uncertainty, likening the economy to an “untethered boat drifting slowly out to sea.”
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La confianza de los consumidores del Reino Unido aumentó ligeramente en enero de 2026 hasta -16, impulsada por mejores finanzas personales, pero las perspectivas económicas siguen siendo sombrías.