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U.K. Consumer Confidence Hits Level Last Seen After Brexit Vote

Published on Nov 24 2017 12:29 PM in Retail tagged: UK / Consumer Confidence / Brexit

U.K. Consumer Confidence Hits Level Last Seen After Brexit Vote

U.K. consumer confidence tumbled in November, reaching the lowest level since the aftermath of the Brexit vote.

YouGov and the Centre for Economics and Business Research said optimism suffered its biggest monthly decline since the month after the referendum, with all eight measures that make up the index falling.

The score for household financial situations in the past 30 days dropped to its lowest since January 2014, and a gauge of home owners’ expectations for values over the next 12 months slid to the least in a year following the Bank of England’s rate increase on Nov. 2.

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