consumer confidence In the future Britain economy There has been a drop over last year, the figures show.
Which one? The data said that the data showed a “significant decline” for some of the lowest levels seen from the beginning of 2023, when the cost-lived crisis was in the headlines and inflation was in dual figures.
The confidence in the future economy led to a rapid decline in the last autumn and was particularly low between February to May, such as global events such as We The tariff policy contributed to pessimism.
The confidence was a little cured, but was much lower than 12 months ago.
The average of minus nine between May and July 2024 has increased confidence 31 points compared to the previous year, which is up to an average of minus 40 between May and July this year, which is the consumer insight tracker show.
On average between May and July this, 56 percent of the people thought that the economy would deteriorate and just 16 percent thought it would be better.
Pensioners have been the most pessimistic groups, with their confidence in the UK economy in the future, dramatically falling to the current average of minus 63 from the average of the minus five between May and July last year.
Pensioner’s confidence in the autumn last year dramatically collapsed-Soon after the first announcement of scrapping the winter fuel allowance for most pensioners-and has remained less since the government’s U-turn on fuel payment.
Who?
On July 18 in the month, an estimated 2.1 million houses missed at least one required payment such as rent or mortgage payment, Utility billCredit card or loan payment.
The estimated 13.9 million houses (49 percent) also made at least one adjustment to cover the required expenses such as utility bills, housing costs, groceries, supplies and medicines – such as cutting back on the necessary, dumping in savings, selling property, selling property.
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Rocio Concha, which? The director of policy and advocacy said: “Our research shows that consumer trust in the future of the UK economy has fallen dangerous compared to the previous year.
“The government has focused on increasing and increasing the economy Living standards But in doing so, this should not ignore the importance of consumer security in restoring confidence.
“People are ill for teeth to dodge frauds while making online shopping, look out for evil traders when improving home and dodi pricing practices need to be monitored, which means that the offers are not as good as they appear for the first time.
“The right consumer security assures people to spend and the government should keep these security at the center of its plans to develop the economy.”