Pursuits
U.K. Consumer Confidence Falls to Lowest in 18 Months
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U.K. consumer confidence plummeted in September to an 18-month low as Britons braced themselves for the biggest spending cuts since World War II, Nationwide Building Society said.
The index of sentiment fell 9 points from the previous month to 53, the lowest since March 2009, the customer-owned lender said in an e-mailed statement today. A measure of whether now is a good time to spend fell 14 points to 85, the lowest level since November 2008.