Indicators
What Recession? UK Consumers and Businesses Signal Optimism
- Card spending data and investment intentions remain resilient
- Stronger demand could keep up pressure on BOE to hike
This article is for subscribers only.
Follow us at @BloombergUK and on Facebook, and wrap up your day with The Readout newsletter with Allegra Stratton.
Britain is weathering the worst cost-of-living squeeze in memory better than indicated by dire projections for a catastrophic recession.