Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Richard Partington Senior economics correspondent

UK consumer confidence dips to lowest level since 2023 amid tariff concerns

People sitting next to and walking past a window display of women's clothing
People shopping on Oxford Street in London. Growing numbers of companies are warning that the disruption to supply chains could force them to put up prices. Photograph: Tolga Akmen/EPA

Consumer confidence in the UK has fallen to the lowest level for more than a year amid concern that Donald Trump’s trade wars could further drive up living costs for British households.

The latest barometer of sentiment from the data company GfK fell in April to its lowest level since November 2023, as a combination of domestic tax increases, rising bills, and worries over the US president’s tariffs weighed on consumers.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.