UK Consumer Confidence Lingers Near Record Low for Eighth Month

  • GfK survey registers worries about cost of living crisis
  • Personal finances are expected to deteriorate over coming year
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UK consumer confidence lingered near its record low for an eighth month, the longest streak of gloom in the survey’s 50-year history.

GfK Ltd. said its measure of sentiment ticked up two points to minus 42 in December, near the reading of minus 49 in September that marked the trough.