Powered by

Brexit blues push optimism in the economy to seven-year low

Jan 31, 2019 - City A.M.

THE PUBLIC'S view of the UK economy is at its lowest in more than seven years and nearing levels last seen in the wake of the financial crisis, according to new research.

Consumer confidence remained at minus 14 in January, which is five points down year on year, as shoppers were hesitant due to "political chaos" in Westminster. The score for the "general economic situation" was minus 39, research carried out by GfK on behalf of the European Commission found, due to uncertainty surrounding...