UK Consumer Confidence Dips Ahead of Budget

British consumer confidence sees slight dip in November, according to GfK survey, with confidence index falling to minus nineteen, marking joint-lowest point since May. Despite other data suggesting economic slowdown, confidence remains better than Aprils reading. Public braces for potential budget announcements, with finance minister Rachel Reeves preparing for budget next week. Retailers may face challenges as consumer spending intent declines, with Black Friday and Christmas trading season approaching.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.