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MNI INTERVIEW: UK Consumer Unnerved By Tough Fiscal Talk -Gfk

Government talk of tough decisions ahead and a tighter fiscal outlook erodes UK consumer confidence.

MNI (LONDON) - UK consumer confidence fell sharply in September, a key survey showed on Friday, as government warnings of tough economic decisions weighed on the outlook.

"With clear warnings from government of further difficult decisions ahead on tax, spending and welfare, consumers are nervously awaiting the Budget decisions in late October,” Neil Bellamy, Consumer Insights Director at GfK, told MNI in an interview.

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MNI (LONDON) - UK consumer confidence fell sharply in September, a key survey showed on Friday, as government warnings of tough economic decisions weighed on the outlook.

"With clear warnings from government of further difficult decisions ahead on tax, spending and welfare, consumers are nervously awaiting the Budget decisions in late October,” Neil Bellamy, Consumer Insights Director at GfK, told MNI in an interview.

Keep reading...Show less