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UK Consumers Optimistic About Financial Wellbeing: Nielsen

Published on Mar 4 2019 7:00 AM in Retail tagged: UK / Nielsen / Consumer Sentiment / Paywall

UK Consumers Optimistic About Financial Wellbeing: Nielsen

More than a third (34%) of people in Britain feel that they are financially better off now than five years ago, according to Nielsen's new report on changing consumer prosperity.

This indicates that the British are more optimistic about their present financial wellbeing compared with other European counterparts, despite the uncertainties surrounding Brexit.

However, only 16% of the respondents said that they could spend freely, while many opined that they were feeling the pressure of rising living costs.

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