Economics
U.K. Consumer Confidence Increases as New Year Brings Hope
- YouGov/Cebr measure gains to 108.2 from 107.1 in December
- Gauge of home’s finances in past month climbs most in 3 years
Shoppers exit a clothing store in London,
Photographer: Luke MacGregor/BloombergThis article is for subscribers only.
Britons are starting 2018 with renewed optimism as a measure of consumer confidence rose by the most in a year in January.
The jump was driven by the biggest increase in households’ assessment of their financial position in the past month since November 2014, according to YouGov and the Centre for Economics and Business Research. The firms’ overall index of sentiment climbed to 108.2 in January, from 107.1 previously.