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The Latest Breaking News from GfK

Consumer confidence drops in July as ‘reality bites’

GfK’s Consumer Confidence Index fell six points in July to minus 30 amid concerns for personal finances and the wider UK economy.

The Independent UK

Data-driven customer-centricity: the key to business performance improvement

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The Independent UK

Consumer confidence continues to recover despite living cost pressures – survey

GfK’s long-running Consumer Confidence Index rose by three points in May to minus 27, the fourth monthly increase in a row from January’s minus 45.

The Independent UK

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Xbox Series X|S hits 2 million UK sales faster than Switch, but slower than older generations

Microsoft's Xbox Series X and S systems have sold 2 million units in the UK since launch.

Windows Central

Strong business survey lifts the gloom after disappointing retail sales

The mixed statistical messages will make it even harder for the Bank of England’s Monetary Policy Committee to make its decision on interest rates

Evening Standard

Rise in consumer confidence masks ‘stark reality’ of cost-of-living crisis

GfK’s long-running Consumer Confidence Index increased two points in March, rising to an overall score of minus 36.

The Independent UK

Consumer confidence in surprise rebound from historic lows

GfK’s long-running consumer confidence index rose by a significant seven points in February but remains at a “severely depressed” negative 38.

The Independent UK

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Inflation and energy bill woes reduce consumer confidence to near-historic low

GfK's Consumer Confidence Index dropped three points in January to minus 45

Wales Online

Consumer confidence hits near-historic low amid inflation and energy bill woes

GfK’s long-running Consumer Confidence Index dropped three points in January to minus 45 after a short-lived and weak rally in the last quarter.

The Independent UK

Long, steep challenge for Today FM

Finding a niche in the country's most competitive media market is no easy thing and will require long-term thinking for a radio newcomer

Newsroom.co.nz

Black Friday delivers lowest consumer technology sales since 2017

Consumers seeking to cut energy bills sent sales of air fryers up 145% in a year, according to analysts GfK.

Evening Standard

Hunt denies planning to lift fuel duty; pound higher despite grim outlook – as it happened

The government has made “no decision” on whether to increase the rate of fuel duty on petrol, Jeremy Hunt insists as he defends autumn statement

The Guardian - UK

Consumer confidence at near historic low despite slight increase

GfK’s long-running Consumer Confidence Index increased three points in November to minus 44.

The Independent UK

Air fryer and slipper sales surge as energy bills skyrocket

Research suggests that air fryers are more energy efficient than using a cooker

The Independent UK

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The Guardian - UK

Air fryer and slipper sales surge as UK strives to reduce energy use

Consumers move quickly to prepare for unaffordable energy bills despite mild autumn, finds market research

The Independent UK

Consumer confidence claws back two points as UK grapples with ‘new abnormal’

GfK’s long-running Consumer Confidence Index continues to languish at a near-historic low of minus 47.

The Guardian - UK

Pound plunges through $1.09 as former US Treasury secretary blasts ‘naive’ UK policies in mini-budget– as it happened

Sterling has tumbled by over three cents to 37-year low, and UK gilt yields are surging, after Kwasi Kwarteng announced huge unfunded tax cuts

Wales Online

Consumer confidence plunges to another record low amid deep concerns over personal finances

GfK's index shows the new low is the fourth time it has been recorded in the past five months as people fret over the state of the economy

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The Independent UK

Consumer confidence falls to fourth record low in five months

GfK’s long-running Consumer Confidence Index fell five points in September to minus 49, the worst score since records began in 1974.

The Guardian - UK

UK consumer confidence weaker than during major recessions

Monthly look finds deepening pessimism about personal finances and prospects for the economy

The Independent UK

UK consumer confidence hits record low

GfK’s Consumer Confidence Index fell three points in August to minus 44, its lowest figure since records began.

Daily Mirror

Brit shoppers feeling the pinch cut back on items from food to furniture, data shows

Brit shoppers are being forced to cut back on even essential items due to the cost of living crisis with the retail sector hit heavily and some shops forced to close their doors

The Independent UK

Consumer confidence ‘severely depressed’ amid soaring food and fuel prices

GfK’s Consumer Confidence Index languished at a historic low of minus 41 in July.

Wales Online

Retail expert answers questions on the cost of living crisis

40-year high in inflation and the consumer sentiment lows in a survey dating back around 50 years tells you these are very difficult times

The Conversation

Shopping: the cost of living crisis is hitting people 'urgently and directly' – retail expert Q&A

On top of rampant inflation, strikes, business gloom and rising interest rates, bad news about our shopping habits was all but inevitable. The volume of goods being sold in the UK is now falling, according to the latest monthly data from the Office for National Statistics (ONS), with food purchases…

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