UK households bracing for new cost of living crisis, report finds

Pw C survey reports fast fall in consumer confidence with people worried about Iran war’s impact on economy and personal finances British households are bracing for a new cost of living crisis, as the impact of the Middle East conflict dampens confidence in the economy and personal finances, a survey has suggested.Consumer confidence in the UK has dipped over the last three months at the fastest rate since June 2022, when inflation in the UK was soaring as a result of Russia’s invasion of Ukraine and the spike in commodity prices. Continue reading...