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The Latest Breaking News from GfK

Consumer confidence falls again amid ‘despondent mood’ ahead of October Budget

Chancellor Rachel Reeves has repeatedly warned of ‘tough choices’ at upcoming spending review, hitting consumer sentiment.

Evening Standard

UK Economic Data Delivers Fresh Blow To New Govt

UK state debt is as big as the country's economic output for the first time since the 1960s, data showed Friday, as the new government warns of tough fiscal decisions before its maiden budget.

International Business Times

UK consumer confidence falls sharply amid fears of ‘painful’ budget

Concerns over government plans wipe out progress made this year to rebuild household morale

The Guardian - UK

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UK consumer confidence tumbles as households fear ‘painful’ budget; UK debt hits 100% of GDP – as it happened

Consumers are nervously awaiting the budget, reports data provider GfK, while national debt hits highest level since 1960s

The Guardian - UK

Tata Steel workers in South Wales to begin indefinite strike next month – as it happened

About 1,500 Tata Steel workers will begin an indefinite strike in July over the company’s plans to cut thousands of jobs, the trade union Unite says

The Guardian - UK

Gloom grips the high street as retail sales and consumer confidence falter in a wait-and-see economy

Under-pressure consumers are holding back on spending with the economy already in recession

Evening Standard

FTSE 100 near record high amid interest rate cut hopes – as it happened

Rolling coverage of the latest economic and financial news, as prospect of several interest rate cuts this year boosts shares but weighs on the pound

The Guardian - UK

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Advertisers Too Often Look At The Last Click

Broadcasters must make the case for the synergy of linear TV and digital to agencies and brands

TV Tech

UK consumer sentiment reaches two-year high as inflation decreases

The latest data from GfK shows that UK consumer sentiment has reached a two-year high, thanks to a reduction in inflation levels.

Top News

UK house prices to ‘fall up to 4%’ in 2024; business activity picks up in December – as it happened

Halifax says no signs of spike in ‘forced sales’; eurozone heading for recession while UK avoids recession, surveys suggest

The Guardian - UK

That Quest 2 holiday deal made it more popular than the new Quest 3

Industry experts report a massive boost in Quest and PSVR 2 headset sales in the week of Black Friday, as the discounted Quest 2 outsold the new Quest 3.

Android Central

Ladbrokes-owner Entain settles Turkish bribery inquiry; Amazon Black Friday protests– as it happened

Rolling coverage of the latest economic and financial news, as strikes take place at Amazon’s Coventry warehouse, and at sites in Germany

The Guardian - UK

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The Independent UK

Consumer confidence stages end-of-year rally

GfK’s long-running Consumer Confidence Index rose by six points in November, although it still languishes firmly at minus 24.

The Guardian - UK

FTSE 100 posts biggest fall since August, as UK 30-year borrowing costs hit 25-year high – business live

Pound hits five-month low vs euro, shares slide in London, and UK 30-year borrowing costs hit 25-year high

The Independent UK

Consumer confidence plunges in run-up to festive season

GfK said accelerating costs of energy, fuel and mortgages combined with uncertainty in the Middle East is behind the fall.

Evening Standard

Hopes for the high street and the economy rise as economic gloom lifts

Better-looking retail sales and consumer confidence numbers are published in same week BOE holds rates

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The Guardian - UK

UK recession risk mounts as business falters; mortgage lenders cut rates – as it happened

Business activity shrinks at fastest pace since financial crisis excluding Covid months; some fixed five-year mortgage rates dip below 5%

The Independent UK

Consumer confidence continues to rise amid cost-of-living woes

GfK’s long-running Consumer Confidence Index increased four points in September, but remains at a subdued minus 21.

Newsroom.co.nz

NZME: Good times are just around the corner

MediaRoom column: Herald publisher NZME's statutory net profit down by three-quarters; Newstalk slightly less dominant in radio ratings; farewell to a private equity owner who farewelled Today FM, and latest online audience numbers.

The Independent UK

Consumer confidence shows ‘renewed optimism’ against falling core inflation

GfK’s long-running Consumer Confidence Index improved five points in August, although it remains firmly in negative territory at minus 25.

TechRadar

PS5 price cut was a success everywhere except the UK, according to Sony

Gamers worldwide had an appetite for Sony's recent PS5 price drop, but apparently not in the UK.

The Guardian - UK

London Underground strikes called off; UK government borrowing falls – as it happened

Planned tube strikes next week called off after talks breakthrough; government borrows £18.5bn in June, third-highest June borrowing on record

The Independent UK

Consumer confidence drops in July as ‘reality bites’

GfK’s Consumer Confidence Index fell six points in July to minus 30 amid concerns for personal finances and the wider UK economy.

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