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