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UK consumer confidence rose slightly in February but remains low, driven by debt, high costs, and tighter credit.
UK consumer sentiment edged up slightly to 44.8 in February, still well below the 50 threshold indicating pessimism, according to S&P Global data.
Despite minor improvements in household finances and savings, expectations for future financial conditions and debt sentiment declined, with credit access tightening—the steepest drop since August 2024.
Weakness in big-ticket spending, driven by rising debt, high living costs, and tighter credit, signals ongoing consumer caution and potential headwinds for first-quarter economic growth.
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La confianza de los consumidores del Reino Unido aumentó ligeramente en febrero, pero sigue siendo baja, impulsada por la deuda, los altos costos y la restricción del crédito.