UK consumer confidence fell sharply in Q2, marking its first meaningful drop since late 2022.
Deloitte’s index fell 2.6 points to 10.4%, the lowest reading since early 2024, driven by job security fears.
Persistent inflation, high living costs, and concerns over income growth weighed heavily on sentiment.
Despite gloom among consumers, Deloitte noted resilience in business confidence amid global uncertainty.
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This article was written by Eamonn Sheridan at investinglive.com.