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Evening Standard
Evening Standard
Business
Mark Banham

Cost of living rise pushes consumer confidence to all-time low

The UK is becoming increasingly worried about higher prices (Yui Mok/PA)

(Picture: PA Wire)

More than half of consumers have fears about their disposable income while more than 80% identify this as a result of higher prices on necessities including accommodation, food and energy.

The rising cost of living has forced UK consumer confidence to a record low of  minus 19% in global auditing firm Deloitte’s latest Consumer Tracker data released today. 

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