UK household financial confidence at lowest levels in at least 10 years - YouGov/Cebr

LONDON – Measures of family funds in Britain had been at their lowest ranges in information going again 10 years as a cost-of-living squeeze tightened, polling agency YouGov and consultancy Cebr stated on Wednesday.

YouGov’s broader headline confidence index fell greater than two factors to 106.6, barely above its degree in February final 12 months when Britain was nonetheless reeling from its coronavirus lockdowns.

“The price of dwelling disaster is having a critical affect on shopper confidence,” Darren Yaxley, head of status analysis at YouGov, stated.

“Nevertheless, different measures give extra trigger for optimism – with each house owner scores growing for the fourth month in a row and job safety metrics bettering following two months of decline.”

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