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Evening Standard

National

Josie Clarke

Consumer confidence rises slightly following signs of Iran ‘de-escalation’

Iran Ofgem Economy BRC

The survey was taken ahead of latest predictions that Ofgem’s next price cap will rise by £209 a year from July amid the fallout of the Iran war (PA) - (PA Wire)

Consumer confidence saw a slight improvement this month following signs of de-escalation in the Middle East, figures suggest.

Confidence in the economy over the next three months remains firmly in negative territory at minus 48, but up from minus 53 last month, according to British Retail Consortium (BRC) and Opinium data.

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