Confidence in UK economy falls from 45% in 2015 to 28% a decade later – survey

Confidence in the strength of the UK economy has fallen from 45% in May 2015 to 28% a decade later following a cost-of-living crisis, Brexit, Covid and geopolitical upheaval, according to a long-running survey.

But confidence in non-essential spending has held strong, at an average of 53% from 2015 to now, the Barclays 10 Years Of Spend report found.