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Consumer confidence, Budget
UK consumer confidence tumbles as households fear ‘painful’ budget; UK debt hits 100% of GDP – business live
Consumers are nervously awaiting the budget, reports data provider GfK, wiping out recent recovery in confidence. 08:19 Darren Jones, the Chief Secretary to the Treasury, says the government is taking “tough decisions” to fix the public finances.
UK consumers take fright as new government warns of pain, survey shows
Prime Minister Keir Starmer's warnings about the state of the British economy and the likely need for tax increases in next month's budget have caused consumer confidence to plunge this month, according to a survey published on Friday.
Painful budget warning spooks people's confidence
The longest-running measure of consumer confidence fell sharply in September, raising concerns about whether government rhetoric about Budget "pain" has spooked people. GfK's Consumer Confidence Index had been recovering after years of rolling crises, higher interest rates and inflation gradually creeping up.
UK consumer confidence tumbles in anticipation of ‘painful’ Budget
Starmer insists he is setting out reality of ‘badly damaged economy’ as GfK survey shows sharp fall in household morale
Consumer confidence plummets ahead of 'painful' Autumn Budget
The last time the index declined so steeply was in April 2022, in the wake of Russia's invasion of Ukraine which sent energy costs soaring.
Economy worries swirl after 'painful' Budget warning
Some economists have linked the drop to officials' warnings of a "painful" Budget at the end of August, although it is impossible to prove a link. There were "major corrections" - or double digit falls - for consumers' perception of the general economic situation,
Consumer confidence slumps following warnings of 'tough choices' in budget ahead
A long-running measure of consumer confidence has slumped to levels last seen at the start of the year following warnings of "tough choices" ahead in the looming budget.
Consumer confidence falls sharply as households ‘nervously’ await Budget
Consumer confidence falls sharply as households ‘nervously’ await Budget - GfK’s Consumer Confidence Index fell seven points to minus 20, with significant drops in predictions for personal finances and the general economy.
UK debt hits 100% of GDP
UK Deficit Overshoots, Debt at 100% of GDP in Blow to Reeves
UK government borrowing came in higher than forecast in the first five months of the fiscal year, keeping Chancellor Rachel Reeves under pressure to raise taxes to balance the books in her budget next month.
UK debt hits 100% of GDP, adding to Rachel Reeves' headache
British government debt hit 100% of economic output for the first time in recent history and there was another large budget deficit last month, adding to the problems for finance minister Rachel Reeves as she readies her tax and spending plans.
New headache for Rachel Reeves as public borrowing hits 100% of GDP for first time since 1961
New headache for Rachel Reeves as public borrowing hits 100% of GDP for first time since 1961 - The public finances have been put under enormous strain by the costs of responding the triple whammy of the financial crisis,
RTE Online
1d
UK government borrowing jumps in August ahead of budget
British Chancellor Rachel Reeves faces a fresh headache ahead of her first Budget this autumn after official figures revealed ...
1h
The UK's national debt: a terrifying warning
OBR's 'grim' report on Britain's fiscal outlook warns of skyrocketing spending, but 'projection' is not a 'forecast' ...
1d
UK Economic Data Delivers Fresh Blow To New Govt
UK state debt is as big as the country's economic output for the first time since the 1960s, data showed Friday, as the new ...
The Canary
3d
Labour will decimate the UK aid budget to 17-year LOW unless action is immediately taken
UK’s largest NGOs have warned the government that if they continue with Tory plans the UK aid budget will be devastated ...
5d
Starmer Says He Won’t Hurt Economic Growth With UK Budget Plans
UK Prime Minister Keir Starmer said he’ll prioritize economic growth in the government’s upcoming Budget, despite concerns ...
1d
UK Govt Debt Hits Landmark High Before Key Budget
UK state debt is equivalent to the country's annual output, data showed Friday, as the new government warns of tough decisions on tax and spending ahead of its maiden budget.
3d
Charities urge Government to stop aid budget falling to 17-year low
Overseas aid spending could fall to its lowest level since 2007 unless the Government takes action at the Budget in October, ...
4d
on MSN
UK aid spend may hit 17-year low, charities warn
More than 120 international charities have warned UK aid spending will fall to its lowest level since 2007 unless the ...
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