Credit, Collections & Insolvency News
Consumer confidence in the UK reached its highest level in 21 months in July, according to Barclays’ survey. About 30% of respondents expressed optimism about the economy, a 6% increase from June. Consumer card spending was up 2per cent, with discretionary spending also up 1.6 per cent. The new data follows a 1.9 per cent…
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GfK’s consumer-confidence indicator rose to -17 in July, returning to levels last seen in January. All measures tracked by the survey improved, including expectations for the general economy and intentions to make major purchases. The World Cup and the Prime Minister’s promises of help with living costs appear to have improved the national mood. However,…
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Consumer card spending grew by 1.9% year-on-year in June, a marked improvement on May’s 0.8 per cent growth, but below the latest CPIH inflation rate of 3.0%. Non-essential spending increased 1.7%, while growth in essential spending reached a 14-month high, up 2.2%. The uplift was driven by a combination of stabilising consumer confidence, warm and…
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Consumer confidence increased this month, defying expectations, with the GfK index rising to minus 23, despite economic concerns affecting lower-income households’ purchasing intentions. Four measures were up and one was down, compared to last month’s announcement. Neil Bellamy, Consumer Insights Director at GfK, an NIQ Company, said “Consumers appear to be in a more generous mood…
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Consumer confidence has fallen to its lowest level since October 2023, according to the GfK consumer confidence index, which dropped four points to minus 25. This decline marks the third consecutive month of falling confidence and the largest drop since April 2025. The deepening concern was driven by perceptions of the UK economy, with a…
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Consumer confidence declined by three percentage points during the first quarter of 2026 to reach its lowest level since Q3 2023, according to the latest Deloitte Consumer Tracker. The fall in confidence, based on responses from 3,200 UK consumers aged 18+, was also the biggest quarterly drop since Q1 2022. Overall confidence was also down…
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GfK’s index of household sentiment dropped to minus 21 in March from minus 19 in the previous month. This is the weakest reading since April last year. The data showed that the decline was driven by a six-point drop to minus 37 in expectations for the UK economy over the coming year. There was also a six-point…
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Consumer confidence in the UK has reached an all-time low, according to analysis by the British Retail Consortium (BRC) survey conducted by Opinium. The survey, taken from March 10 to March 13, revealed a drop in consumer expectations for the economy to -53, down from -30 the previous month. Personal finance expectations also fell to…
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Consumer sentiment has dropped sharply since the conflict in the Middle East escalated, according to a survey by Barclays. The survey found that around 80% of consumers are concerned that the conflict will increase inflation and energy costs. Nearly half of the respondents said they had already started adjusting their spending behaviour. The data showed…
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GfK’s Consumer Confidence Barometer Index has shown a drop of three points to -19 in February. Three measures were down, one was up, and one was flat, compared to last month’s announcement. The drop reflects growing concerns about personal finances and a reluctance to make significant purchases. Neil Bellamy, Consumer Insights Director at GfK, an NIQ…
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Consumer confidence has now been negative for ten consecutive years, with the GfK index falling sharply again in January. Analysts describe a mood of resignation rather than panic, as inflation continues to outpace wage growth and households remain cautious. The prolonged pessimism is dampening entrepreneurial risk-taking and discretionary spending. The Consumer Confidence Index was up…
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Consumer confidence fell by 1.1 percentage points during the final quarter of 2025, from -10% in Q3 2025 to -11.1%, according to the latest Deloitte Consumer Tracker. The fall in confidence, based on responses from 3,200 UK consumers aged 18+, was driven by declines in five of the six measures included in the index. The…
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Consumer confidence improved in December, rising to minus 17 from minus 19, according to data. from GfK. The index measuring changes in personal finances over the last 12 months has increased by one point to -6. This is one point higher than December 2024. The forecast for personal finances over the next year is up one point to 2. This is an…
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