Job security fears hamper rebound in UK consumer confidence

Job security fears hamper rebound in UK consumer confidence
 

British consumer morale recovered slightly in September, but fears over job security when Brexit talks begin next year could yet dampen confidence, a survey published on Wednesday found.
Consumer confidence nosedived after Britain's vote to leave the European Union on June 23, which many economists warned would catapult the country into recession. But morale recovered after early data showed the economy would avoid an immediate slump.
The YouGov/Centre for Economics and Business Research (Cebr) Consumer Confidence Index rose one point in September to 111.1, four points up from July but two... read more

 
28 September 2016 in Business, Views: 26
Source: Reuters
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