Household financial fears hit two-year high |
| Household financial concerns in the UK have reached a two-year high, according to a survey by S&P Global. Confidence has declined for three consecutive months, with the consumer sentiment index dropping to 44.7 in December. Maryam Balunch, an economist at S&P Global, said: "Sentiment towards the financial outlook over the coming 12 months has soured to the gloomiest in two years." The survey also highlighted a decline in job security, particularly in IT, construction, and financial services, as households face increased financial pressures and reduced spending intentions. |
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