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Confidence in UK economy drops from 45% in 2015 to 28% now: Barclays
Confidence in UK economic strength has dropped from 45 per cent in May 2015 to 28 per cent now following Brexit, the pandemic, a cost-of-living crisis, rise of Gen Z and geopolitical issues, a Barclays survey found. But confidence in non-essential spending has been strong, averaging 53 per cent from 2015 to now. Confidence in household finances has been resilient, never dipping below 52 per cent.
Confidence in UK economic strength has dropped from 45 per cent in May 2015 to 28 per cent now following Brexit, the pandemic, a cost-of-living crisis, rise of Gen Z and geopolitical issues, a Barclays survey found.
But confidence in non-essential spending has been strong, averaging 53 per cent from 2015 to now.
Confidence in household finances has been resilient, never dipping below 52 per cent.
