Credit, Collections & Insolvency News
Consumer confidence has risen by two points in the past month, according to latest figures by GfK. The figures still leave the index in negative territory with consumer confidence at –17, but expectations for the general economy over the next 12 months increased by two points. There was also an increase in consumers purchasing big-ticket…
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Consumer confidence in the UK economy fell during the last quarter, reaching the lowest point so far this year, according to KPMG’s latest Consumer Pulse survey. KPMG’s poll of 3000 UK consumers saw the number of people feeling that the economy is worsening increase from 51% to 62% in the last three months – and…
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Consumer confidence in the UK has declined, with GfK’s Consumer Confidence Index showing a fall by two points to -19 in September. Neil Bellamy, Consumer Insights Director at GfK, an NIQ Company, said “There’s an autumnal chill in the air this month, with all five measures of consumer confidence down and the Overall Index Score for September…
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Latest research by the British Retail Consortium (BRC) has shown that high inflation is weighing on consumer confidence. The data showed that state of the economy worsened to -36 in September, down from -32 in August with the personal financial situation worsened to -7 in September, down from -6 in August. Personal spending on retail rose…
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Consumers are more confident this month but are vulnerable to worries about rising inflation and potential tax increases, according to GfK’s latest consumer confidence index. The index rose to its highest since December at minus 17, up from minus 19 in July, boosted by a three-point improvement in households’ sentiment around their personal finances and…
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Consumer confidence in the future UK economy has plummeted over the last year according to Which?’s Consumer Insight Tracker. According to the tracker, consumer confidence has tumbled by 31 points over the last year, from an average of -9 between May and July 2024 to an average of -40 between May and July 2025. This…
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Confidence among UK consumers weakened slightly this month, amid speculation that the government may announce further tax rises in the autumn Budget, GfK’s consumer confidence index has found. The consumer confidence index which measures how people view their personal finances and broader economic outlook, dropped by one point in July to -19, which is below…
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Consumer confidence in the UK has reached its lowest point in over a year, primarily due to Labour’s tax increases, which have led to rising prices and job losses. According to Deloitte’s index, household confidence has not been this low since early 2024, coinciding with a four-year high in unemployment at 4.7% and inflation rising…
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Seven in ten people are set to holiday, though 75% of those are finding ways to cut travel costs compared to their last trip, according to new KPMG research. The number of people feeling financially secure has risen this quarter by three percentage points to 58%, whilst confidence that the UK economy is improving has…
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Consumer confidence has seen a slight increase, with GfK’s consumer confidence index rising by two points in June. The index remains in negative territory at minus 18, four points lower than last year. Confidence among UK consumers has improved but remains fragile in the face of expected petrol price rises amid escalating conflict in the Middle…
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Consumer confidence in the future of the UK economy has plummeted to the lowest levels seen since the height of the cost of living crisis due to concerns about global events such as the impact of the US tariffs and war in Ukraine, according to the Which? Consumer Insight Tracker. According to the tracker, consumer…
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Consumer confidence dropped in April to the lowest level in over a year due to concerns over global trade and rising living costs, the GfK consumer confidence index has shown. The reading fell by four points to minus 23 in April, the lowest point since November 2023. Findings showed the reading was brought down by…
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A consumer confidence survey by Deloitte has shown that consumer confidence remained flat in the first quarter (Q1) of 2025. The data showed a marginal 0.3 percentage point increase, this marks a second consecutive quarter of stalled confidence following a two-year period of improvement. A seasonal boost in sentiment towards general health and wellbeing (+3.8…
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