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UK consumer confidence hits record low - study

9 days ago   |   By RT

Figures dropped more than expected this month, according to researcher GfK
UK consumer confidence has fallen to its lowest since records began in 1974 amid deep concerns about personal finances and the economy over the next 12 months, a study by research group GfK found.
According to the report, issued on Friday, the confidence index decreased by five points to -49 this month, worse than earlier projections by the economists. The reading marked the fourth new low out of the last five months, with all measures once again severely depressed.
The largest falls were in personal finances over...
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