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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

UK consumer confidence at lowest level since December 2022, says Which?

UK banknotes
Which? said its consumer confidence tracker had fallen to the lowest point since December 2022, when the cost of living crisis was at its worst. Photograph: Gareth Fuller/PA

Consumer confidence in the UK economy has fallen to the lowest levels since the height of the cost of living crisis, as people worry about the impact of US tariffs and Russia’s war in Ukraine.

Almost two-thirds of people believe the economy will get worse in the next 12 months, while only 11% think it will improve, according to a survey from the consumer group Which?.

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