By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Baner ClubBaner ClubBaner Club
  • Home
  • Business
    BusinessShow More
    Pakistan enters experiment phase of digital currency
    September 12, 2025
    Apple delays iPhone Air release in China due to pending eSIM approval
    September 12, 2025
    Pakistan to issue $1bn in Panda bonds through Chinese capital market
    September 11, 2025
    SBP foreign reserves rise by $21m to $19.681bn
    September 11, 2025
    Senate panel recommends curtailing SBP governor’s salary powers
    September 10, 2025
  • Politics
    PoliticsShow More
    Young activists who toppled Nepal’s government now picking new leaders
    September 15, 2025
    Trump adopts messenger-in-chief role after Charlie Kirk’s death
    September 15, 2025
    Students stage protest during PM’s visit to Manipur
    September 15, 2025
    The new prime minister of Nepal promises to ‘end corruption’ by heeding the wishes of the demonstrators.
    September 15, 2025
    Charlie Kirk’s allies warn Americans: Mourn him properly or else
    September 15, 2025
  • Technology
    TechnologyShow More
    Apple’s live translation feature for AirPods unavailable in EU at launch
    September 11, 2025
    Sindh launches Pakistan’s first AI-based online teacher training
    September 11, 2025
    “The slim iPhone Air might be an Apple design triumph.”
    September 10, 2025
    Despite its lackluster debut, the rumored “iPhone Air” could spur improvements.
    September 9, 2025
    China and Pakistan will build a training center for space science.
    September 9, 2025
  • Sports
    SportsShow More
    Pak vs Ind Asia Cup match: Karachi police issue stern warning
    September 15, 2025
    Hungarian skater sets Guinness World Record with 136 skips on ice
    September 12, 2025
    Real’s Ruediger suffers thigh injury
    September 12, 2025
    IPL franchise flayed over Pakistan logo’s exclusion from promotional banner of Asia Cup 2025 clash
    September 12, 2025
    Asia Cup 2025: Haris’ fifty helps Pakistan post 161-run target for Oman
    September 12, 2025
  • Job Portal
  • Matrimonial
  • Marketplace
  • Chat Room
  • More
    • Blog
    • Interests
    • Contact Us
Reading: Customers are feeling worse about the UK economy but more positive about their financial situation.
Share
Notification
Font ResizerAa
Font ResizerAa
Baner ClubBaner Club
Search
  • Home
  • Business
  • Politics
  • Technology
  • Sports
  • Job Portal
  • Matrimonial
  • Marketplace
  • Chat Room
  • More
    • Blog
    • Interests
    • Contact Us
  • Privacy Policy
  • Terms and Conditions
© 2022 BanerClub. All Rights Reserved.
Baner Club > Blog > Business > Customers are feeling worse about the UK economy but more positive about their financial situation.
BusinessEcnomics

Customers are feeling worse about the UK economy but more positive about their financial situation.

According to a widely followed survey, consumers are feeling better about their personal finances but worse about the general health of the UK economy.

Last updated: 2024/08/23 at 8:09 AM
Published August 23, 2024
Share
1 Min Read
SHARE

Analysts predicted that the recent interest rate reduction by the Bank of England and declining inflation would play a significant roles in the shift in sentiment.
It’s also believed that a sense of increased political certainty was brought about by the general election in July.

According to the long-running Consumer Confidence Index, which is based on a survey of 2,000 adults conducted between August 1 and August 15, expectations for the UK economy over the next 12 months have decreased by four points.

The index of the market research firm dropped to -15 from -11 in July, marking the first time that the survey’s measurements of the nation’s economics.

However, the respondent’s expectation score rose from +3 in July to +6 in August regarding their personal financial status over the following 12 months.

“Consumer confidence is gradually recovering with greater inflation stability, the first interest rate cut since 2020, and the election having provided political certainty,” stated Linda Ellett, UK head of consumer, retail, and leisure at KPMG.

You Might Also Like

Texas governor signs law banning Sharia compounds

Trump presses Nato nations to halt Russian oil purchases

The US demands that the EU and G7 impose tariffs on China and India for their purchases of Russian oil.

PM unveils relief package, waives power bills for flood-hit households

President Zardari reaffirms Pakistan’s full support for China’s vision of ‘mutual learning’

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
admin August 23, 2024 August 23, 2024
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Copy Link
Share
Previous Article Lecanemab, an Alzheimer’s medication that slows decline, has been approved in Britain but won’t be offered through the NHS.
Next Article A neighbor believes that Mike Lynch will leave a “hole that cannot be filled” as the business community pays tribute.
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

Facebook Like
Twitter Follow
Pinterest Pin
Instagram Follow
Youtube Subscribe
Dribbble Follow
- Advertisement -
Ad imageAd image

Latest News

Trump vows national emergency in Washington DC over ICE dispute
Health United States September 15, 2025
Alleged Kirk killer had ‘leftist’ beliefs, says Utah governor
Crime and Juistice United States September 15, 2025
Young activists who toppled Nepal’s government now picking new leaders
Politics September 15, 2025
Trump adopts messenger-in-chief role after Charlie Kirk’s death
Crime and Juistice Politics September 15, 2025
//

Where headlines meet insight, and stories shape perspectives. Your gateway to informed perspectives and captivating narratives.

Top Categories

  • BUSINESS
  • POLITICS
  • TECHHot
  • HEALTH
  • News
  • Technology
  • Fashion

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Baner ClubBaner Club
Follow US
© 2025 BanerClub. All Rights Reserved.
  • Privacy Policy
  • Terms and Conditions
Pay with Paypal

Login

Register

Please enter your username or email address. You will receive a link to create a new password via email.

Loading Back to login
Forgot Password
Facebook Login Loading...
Registration is currently disabled.
  • Login
  • Sign Up
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.
body::-webkit-scrollbar { width: 7px; } body::-webkit-scrollbar-track { border-radius: 10px; background: #f0f0f0; } body::-webkit-scrollbar-thumb { border-radius: 50px; background: #dfdbdb }
Welcome Back!

Sign in to your account

Lost your password?