‘Brexit jitters’ fuel low consumer confidence

Consumer confidence has been dented amid concerns from the public that Britain could exit the European Union.

Linked InTwitterFacebook
  • UK map
  • Image courtesy of Samandale at FreeDigitalPhotos.net
View Full Screen View Full Screen

UK map

According to a report from market research firm GfK, consumer sentiment remained at zero in March, its lowest level since December 2014.

Joe Staton, head of market dynamics at GfK, said the decline could be blamed on “Brexit jitters”. He said: “Despite good economic headlines about low inflation, interest rates and prices in the shops, concerns about Brexit and the ongoing eurozone crisis appear to be hitting home.”

The survey did however show that consumers are slightly more optimistic about their own finances over the next 12 months.

Add New Comment
You must be logged in to comment.

Top stories

Starting or enhancing a bridal business

Starting or enhancing a bridal business

Bridal Industry Consultant Jane Watson wrote the article ‘Setting up shop’. This article has been ...
BREAKING: Statement from Alfred Angelo

BREAKING: Statement from Alfred Angelo

It’s a difficult time for the bridal industry as we hear news of Alfred Angelo’s closure. We’ve put ...
Nine Things You Never Knew About Steamers

Nine Things You Never Knew About Steamers

They’re an essential part of day to day life for most retailers, but how much do you actually know ...
Ian Stuart’s TV Show Commissioned for Channel 4

Ian Stuart’s TV Show Commissioned for Channel 4

Leading bridal designer Ian Stuart has had a 25 x 30’ series for Channel 4 commissioned
Are You Breaking the Law By Offering Brides Alcohol? We Investigate

Are You Breaking the Law By Offering Brides Alcohol? We Investigate

After one bridal boutique was visited by a licensing officer from their local authority, we looked ...
FIND US ON
Twitter
Facebook
Instagram
© 2017 Bridal Buyer • bridalbuyer@oceanmedia.co.uk • 020 7772 8317 • © Ocean Media Group Ltd