Economics
U.K. Consumer Confidence Sinks to Lowest Since 2008 Recession
- Slow growth, rising inflation and interest rates stir caution
- Labour says Conservative government must do more for consumers
A stall holder serves a customer at a market stall in Croydon, U.K.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
U.K. consumer confidence plunged to the lowest since the 2008 recession, with the outlook for their personal finances and the general economy worst than during the depths of the financial crisis.