Sterling steadies after its worst three-week performance since 1992 July 8, 2016 Sterling steadied today after a tumultuous run over the past few weeks that saw the currency touch 31-year lows. The pound rose by 0.24 per cent against the dollar this morning, to $1.2939, and was up 0.13 per cent against the euro – £1 will now buy €1.1684 on the money markets. On Wednesday, the pound [...]
Brexit vote pushes confidence down at fastest pace in two decades July 8, 2016 One of the most closely-watched barometers of consumer confidence has suffered its sharpest monthly decline in more than two decades as the Brexit shock kicks in and households prepare to tighten the purse strings. The GfK consumer confidence index sank further into negative territory – scores which indicate more people feel the economy will get worse than better – between June [...]
Consumer confidence stayed steady in June ahead of the EU referendum – but the public was gloomy about the global economic outlook June 30, 2016 Consumer confidence stayed steady in June, immediately before the UK voted on its membership of the European Union. The GfK consumer confidence index for June, which was researched between 1 June and 15 June, remained at May's level of -1. Consumers were far more positive about their own personal finances than the global economic situation. The public's attitude [...]
Brexit uncertainty could be weighing on consumer optimism March 31, 2016 Consumers have become more concerned over the UK’s economic outlook, according to new survey data released this morning. The confidence index produced by market researchers GFK remained at a score of zero in March. It is equal to February’s score of zero which was the lowest since 2014. Yet the index remains high by historical [...]
Global market turmoil fails to derail UK consumer confidence in January January 29, 2016 UK CONSUMER confidence rose in January, shrugging off the global market volatility that overshadowed the start of the year. Market research firm GfK found that its consumer confidence index increased by two points to +4 in January, while a comparable index by YouGov and the Centre for Economics and Business Research (CEBR) rose by 0.1 [...]
UK consumer confidence ends 2015 on a high December 22, 2015 UK consumer confidence rose in December, rounding off a strong year for shoppers. The monthly consumer confidence index published today by market researchers GfK hit a score of two this month from one in November. Between 2008 and 2014, the index spent most of its time in negative territory. “This is the first time since [...]
Consumer confidence edges down from sky-high levels November 27, 2015 Consumer confidence has come off the boil, according to survey figures released this morning, but remains at historically high levels. The consumer confidence index produced by pollsters YouGov and the Centre for Economics and Business Research (CEBR) dropped to a score of 113.6 this month – its lowest since June this year. A separate index produced [...]
UK consumer confidence rebounds on record employment and cheap fuel November 23, 2015 Consumer confidence has rebounded after three months of steep decline due to a rise in positivity toward the jobs market, new survey figures reveal. The consumer confidence index published this morning by Lloyds Bank today hit a score of 158, up five points from October. The index, compiled from a survey of just over 2,000 [...]
Consumers growing more positive about personal finance but worried over UK economy October 30, 2015 People are feeling more positive about their personal finances, but more worried about the general UK economy, new research today reveals. The latest UK Consumer Confidence Barometer, conducted by market research giant GfK, surveyed 2,000 individuals on how the financial situation of their household had changed over the past 12 months. The index increased by [...]
UK consumers’ confidence hit by school return September 30, 2015 Consumer confidence in Britain has taken a knock in the past month due to back-to-school blues, according to German-based market research company GfK. The index, released today, measuring changes in personal finances during the past 12 months has decreased by two points this month to one, but still nine points higher than September 2014. The [...]