Pessimism weighing on Britain’s households has hit unprecedented levels as the cost-of-living crisis pushed confidence in the economic outlook to its joint lowest, a survey showed. Market research firm GfK said consumer morale gauge, dating back to 1974, touched an all-time low of -40 in May from -»»»

The London stock market failed to rally this afternoon after the Chancellor said Britain's 'economic emergency has only just begun' in his Spending Review. The FTSE 100 index of Britain's biggest companies was down by 0.65 per cent or 42 points to 6,390 soon after Rishi Sunak began speaking in the »»»

The business confidence index from Lloyds Bank hit its joint lowest level since the depths of the global financial crisis 11 years ago. Confidence among British companies slumped in the second week of March as the coronavirus crisis gathered pace but before the government shut much of the economy t»»»

The UK should not be going for a Brexit deal “at any price”, Chancellor Rishi Sunak has said. With the transition period due to end on December 31, a deal is yet to be struck between UK and EU negotiations. However, Mr Sunak insisted that he has confidence in the British economy “in all circumstanc»»»

Market research firm GfK said consumer morale gauge, dating back to 1974, touched an all-time low of -40 in May from -38 in April. Economists polled by Reuters had expected -39. Pessimism weighing on Britain's households has hit unprecedented levels as the cost-of-living crisis pushed confidence in»»»