Consumer confidence at all time low

Story link: Consumer confidence at all time low

It is hardly surprising that consumer confidence has hit an all time low, after all, there is not much going on in the UK economy on a day to day basis that provides any UK resident with a sense of security.

Consumer confidence at all time low

U.K. consumer confidence fell close to a record low in January as the nation’s recession deepened, afflicting more Britons with unemployment, Gfk NOP said.
An index of sentiment from a survey of 2,000 people fell four points from the previous month to minus 37. That’s close to the reading of minus 39 reached in July, the lowest level since the data began in 1974. GfK NOP conducted the survey between Jan. 9 and Jan. 18.