The Guardian·4 min read·medium

Consumer confidence at near two-year high as World Cup and UK holidaying lift summer spending

P
Phillip Inman
Consumer confidence at near two-year high as World Cup and UK holidaying lift summer spending
AI Summary

UK consumer confidence reached a two-year high in July, driven by increased spending during the men's football World Cup and a shift toward domestic holidays. Barclays data indicates that improved job security and a more stable political environment have encouraged discretionary spending.

Pubs enjoyed a 10% increase in transactions ‘thanks to England’s World Cup run’, Barclays says. Pubs enjoyed a 10% increase in transactions ‘thanks to England’s World Cup run’, Barclays says. Consumer spending Consumer confidence at near two-year high as World Cup and UK holidaying lift summer spending Barclays says survey shows people feel more secure in jobs and have more leeway to spend on non-essentials

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
economyculture

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in