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All news on the topic: Consumer confidence

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Halfords has revealed a slump in profits amid falling demand for bikes
The group reported an 18.3% drop in underlying pre-tax profits to £36.1million for the year to March 29, which includes its tyre supply chain business, which it has offloaded as part of an outsourcing deal
832
Currys and AO World to unveil financial results amid consumer demand challenges
Both companies indicated that increased cost-of-living pressures led consumers to spend more cautiously
617
Consumer confidence increases again, fuelled by growing optimism about economy
'The headline score remains negative owing to the difficulties so many have experienced as the unrelenting cost-of-living crisis batters household budgets' - Joe Staton, client strategy director at GfK
1268
Pennon's £380m SES Water takeover approved after investigation by watchdog
The Competition and Markets Authority said in May that the deal could undermine Ofwat's authority as water regulator by wiping SES from its dataset
1358
Supermarkets ready as fans stock up on beer and snacks to watch Euros at home
Tesco said it expected to sell 33 million packs of beer and cider over the coming month but is also predicting it will sell 5.5 million bottles and cans of 'no' and 'low' alcohol options
1054
Hotel industry's profits squeezed by cost pressures including minimum wage rise
The cost of accommodation in the UK has surged since the pandemic hit but it is not yet filtering through to the bottom line for hotel operators, new research shows
809
Manufacturing levels soaring with production up and optimism at two-year high
The closely watched S&P Global/CIPS UK manufacturing PMI survey rose to 51.2 in May, after falling back to 49.1 in the previous month
392
Frasers Group increases stake in luxury brand Hugo Boss after share price falls
In a stock exchange announcement, the London-listed firm said the investment brings its total share in the company to £305million
870
Consumer confidence in UK improves despite ongoing cost-of-living crisis
GfK's long-running Consumer Confidence Index rose by two points in May as it slowly climbed out of negative territory, with the forecast for personal finances over the next year also rising strongly
427
House sellers slash £10,000 off asking prices to achieve sale, says Zoopla
The average discount of 3.9% recorded in March is a "marked improvement" compared with an average discount of £14,250 or 4.5% recorded in November 2023, Zoopla said
701
Retail sales were flat in February as wet weather kept shoppers indoors
The Office for National Statistics said sales growth hit 0.0% in February, down from growth of 3.6% in January
1374
DFS cuts profit targets by £10 million as demand 'weakens significantly'
The sofa specialist also warned that profits could be knocked further if disruption to shipments through the Red Sea continues
1320
Value of stolen and lost luxury watches soars to £1.5bn as crime wave continues
The Watch Register said a recent surge in crime activity has driven a 236% increase in the number of watches registered across its platform
1015
Wettest February on record dampens consumer demand - British Retail Consortium
Retailers have suffered poor retail sales due to the wet weather with toy sales the only bright spot as parents tried to keep their children entertained indoors
872
Consumer confidence stalls as shoppers limit spending amid stubborn inflation
GfK's long-running Consumer Confidence Index fell two points to minus 21 in February
736
Labour scaling back green cash tells voters Starmer has a mature long-term plan
Hannah Vickers, chief of staff of construction giants Mace Group, interprets the scaling back of the £28 billion ambition as "a pragmatic decision made in the face of huge economic uncertainty"
769
New home registrations fell by 44% last year, according to latest industry data
The number of new home registrations plunged by 44% last year compared with 2022, according to new figures
1071
Retailers hit by sales slowdown as cost-of-living pressures continue to bite
Easing inflation and weak consumer demand saw total retail sales across the UK rise by just 1.2%, a plunge from the year-on-year growth of 4.2% seen in the same month in 2023, according to new data
1105
Number of businesses going bust at 30-year high due tough economic climate
The number of company insolvencies hit a 30-year high in 2023 as firms suffered amid high interest rates and cost pressures
989
UK construction sector faces 'immensely difficult period' as 4,370 firms go bust
The UK construction sector has experienced the highest number of bankruptcies of any industry in the UK for the past three years, according to auditing firm Mazars
1150
Consumer confidence reaches highest level in two years despite global turmoil
Optimism for the coming 12 months has strengthened, according to a long-running survey
505
Warning thousands of businesses face collapse as cost of living crisis continues
There are growing fears that 2023 could see a wave of company collapses as the cost of living crisis continues, as many business owners say running their firms has felt "never-ending nightmare"