Public trust in pensions declines for the first time in five years Economics The government is facing a fresh headache in its pension reform plans as new research shows trust in the industry declined for the first time in five years. Average trust in the industry has dipped to 5.23 out of 10, from a peak of 5.26, according to the fifth Trust and Confidence Index released by [...]
Rich people’s problems: Confidence in economy hits record low among wealthy Brits Business Confidence in the economy among high net worth Brits has tanked since the election of a Labour government last summer, according to data from the Saltus Wealth Index. The study, which questioned 2,000 people in the UK with assets of £250,000 or more, revealed just under half – 48 per cent – of these so-called [...]
Small Business Saturday hopes to bring back confidence ahead of new year Entrepreneurship Small Business Saturday could boost business confidence this year if Brits once again flock to the streets and show their support, a leading campaign group has said. The hope comes ahead of this year’s Small Business Saturday UK on 7 December, an annual campaign created to encourage consumer engagement with the local high street ahead [...]
‘Turbulent few months’ ahead for retailers as low consumer confidence lingers September 26, 2024 One of the UK’s largest retail bodies has warned that retailers could suffer in the next few months during the run-up to Christmas, due to a lack of consumer confidence in the economy. Confidence slumped in September, with an increasing number of Brits saying they expected the UK economy to get worse over the next [...]
Consumer confidence sinks as Brits ‘nervously await’ Budget September 20, 2024 Key future indicators of consumer confidence all sharply fell in September as Brits nervously awaited policy announcements in the Autumn Budget, according to fresh data. GfK’s long-running consumer confidence index fell sharply to -20 in September overall, with all measures – including personal finances, economy and purchase intentions – down month-on-month. “Headline consumer confidence has… [...]
Signs of ‘recovery and stability’ surface for Britain’s SMEs August 29, 2024 Signs of 'recovery and stability' for Britain's small and medium-sized enterprises (SMEs) have surfaced amid an increase in broker optimism.