12 Hrs
Source:
The Guardian
UK consumer confidence drops sharply
UK consumer confidence has dropped sharply, falling by 11 percentage points to -24 in October, the fastest decline outside of pandemic periods since the 2016 Brexit vote. The decline is driven by rising living costs, including higher energy prices and fuel costs, amid ongoing international conflicts and inflation. With less than a week before the government’s budget, officials face pressure to implement measures to support households as economic pressures intensify.
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