Article preview: How confident do you feel about the outlook for the UK economy? The strength and sustainability of economic growth has been regularly called into question since the onset of the global financial crisis. Despite economic growth during the time since, largely fueled by loose monetary policy, confidence in a sustained recovery has been notably absent. Now new research has found that confidence in the UK’s economy has fallen to its lowest level since January 2018.
Consumer confidence falls ahead of Brexit
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This 486 word blog post examines findings from the latest Lloyds Bank Spending Power report, which found that only 36% of those surveyed have confidence in prospects for the British economy. Also explains the importance of consumer confidence as a leading economic indicator. Includes an expert comment from Robin Bulloch, Managing Director of Lloyds Bank. Written on 18th February 2019.
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