U.K. Consumers and Businesses Start 2018 With Confidence Boost
- GfK household sentiment rises for first time in four months
- Lloyds business barometer advances to highest since April
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U.K. consumers and businesses have started 2018 with cautious optimism.
GfK’s household confidence index rose for the first time in four months in January, with improvements in how consumers view the economy, their personal finances and willingness to spend big. Expectations for an easing of inflation may be helping, though wage growth remains sluggish.