As the Autumn Budget approaches, consumer confidence declines, raising concerns for retailers and the broader economy.Consumer expectations for personal financial situations have worsened, dropping significantly in…
Browsing: consumer confidence
Consumer confidence in the UK has significantly declined according to recent data, raising concerns about the country’s economic direction.The GfK consumer confidence index dropped by seven…
Despite waning consumer confidence, retail sales in the UK rose in August.According to the Office for National Statistics, sales increased by 1% in August, building on…
Concerns about the UK economy’s future have led to a dip in consumer confidence for the first time in six months.GfK’s economic optimism index dropped by…
Household confidence in the UK economy experiences a downturn, marking the first decline after six months of steady improvement.The GfK economic optimism index dropped by 4…
Manolo Blahnik, a distinguished name in luxury footwear, has reported a significant profit decline for 2023, attributed to a slowdown in luxury spending.The company’s pre-tax profit…
In a significant economic move, the Bank of England has reduced interest rates from 5.25% to 5%.This marks the first rate cut since the onset of…
Cotton Traders, a prominent British casualwear brand, has faced a challenging year with a decrease in both turnover and operating profit, primarily due to economic pressures.The…
Andrew Goodacre of BIRA calls on Labour to address economic growth and consumer confidence post-election.Labour’s election victory presents an opportunity to re-evaluate the business rates system…
After facing a decline in April, the retail sector experienced a significant rebound in May, according to ONS data.The Office for National Statistics (ONS) reported a…