UK consumer sentiment recovers to strongest level since October

Experts said the data came ‘hot on the heels of the recent rate cut decision made by the Bank of England’ (Gareth Fuller/PA) - (PA Archive)

Sentiment among UK consumers recovered to its strongest level since before the autumn budget last year, according to new figures.

The latest monthly S&P Global UK Consumer Sentiment Index found that surveyed consumers were still relatively downbeat but saw sentiment move higher after the latest cut to interest rates.