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The Guardian - UK
The Guardian - UK
Business
Phillip Inman

Consumer confidence at near two-year high as World Cup and UK holidaying lift summer spending

A bar with beer taps up front and bottles of spirits lined up under strings of bunting depicting football tops in the national colours of the teams competing in the World Cup.
Pubs enjoyed a 10% increase in transactions ‘thanks to England’s World Cup run’, Barclays says. Photograph: Andy Rain/EPA

Consumer confidence hit its highest level in almost two years in July, according to research that indicated the closing stages of the men’s football World Cup and more people holidaying in the UK raised summer spending.

A truce in the Middle East conflict in June and the arrival of a new prime minister in No 10 also gave a lift to consumers after a long period of heightened uncertainty.

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