Equity Release Market Demonstrates Sustained Growth
The Equity Release Council reports notable growth for two consecutive quarters.In Q3 2024, the market witnessed a 6% increase in funds withdrawn by homeowners over 55.New plans rose by 2%,…
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Consumer confidence
Every Financial News story tagged Consumer confidence, newest first.
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UK Retail Sales Defy Expectations Amid Economic Challenges
September witnessed a surprising uplift in UK retail sales, defying market expectations. The rise was primarily due to increased spending on technology, despite looming economic uncertainties.With an unexpected 0.3% increase,…
Wiltshire Retailer Faces £110m Losses Over Ten Years
The Wiltshire-based owner of Cotswold Outdoor, along with brands like Runners Need and Snow and Rock, has reported ongoing financial losses.In 2023, the company faced a pre-tax loss of £7.3m,…
Potential Increase in Employer National Insurance Indicated
Chancellor Rachel Reeves has suggested the possibility of higher National Insurance contributions for businesses in the upcoming Autumn Budget.The Labour Party aims to uphold its manifesto by not increasing taxes…
Food Sales Growth Declines in September Due to Weather
In September, the growth of food sales exhibited a noticeable slowdown, attributed to prolonged wet weather conditions, as per the BRC-KPMG retail sales monitor.Food sales rose by 3.1% year-on-year over…
Sainsbury’s Raises Concerns Over Tax-Induced Spending Hesitance
Consumer confidence is faltering amid ambiguous tax policies, leading to significant caution in spending, notes Sainsbury's Chief Executive.The uncertainty surrounding upcoming tax hikes is compelling consumers to delay large purchases,…
Sainsbury’s CEO Urges UK Budget Reform
Sainsbury's CEO, Simon Roberts, highlights the ongoing cost-of-living crisis impacting UK consumer confidence.Roberts believes that strong consumer spending will not resume until the Labour government clarifies its tax and spending…
Sainsbury’s CEO Urges UK Budget Reforms to Revitalise Consumer Spending
In light of the ongoing cost-of-living crisis, Sainsbury's CEO, Simon Roberts, emphasises the necessity for decisive UK Budget reforms. Roberts highlights that until substantial tax and spending plans are outlined…
Consumer Confidence Falters as Autumn Budget Looms
The British Retail Consortium's latest survey has alarmingly shown a decline in consumer confidence as the Autumn Budget approaches.Initial findings reveal concerns over personal finances, with sentiment towards the economy…
Economic Uncertainty Grows Amid Recession Warnings
Consumer confidence across the country is waning as economic uncertainty looms larger than ever. The most recent figures disclose a marked decline in optimism about personal and national economic prospects.Amidst…
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