Economic Buzz: UK consumer confidence hits 1-year high
22-Aug-2025
09:42
UK consumer confidence rose to -17 in August 2025, the best level in a year, boosted by the Bank of England's rate cut. Households turned more upbeat on personal finances, with outlook for the year ahead moving into positive territory at +5. However, concerns over inflation, job losses, and possible tax hikes kept overall sentiment fragile.
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