Britons cutting back on spending as confidence in economy falls, survey shows

Britons cutting back on spending as confidence in economy falls, survey shows
By: The Guardian Posted On: March 25, 2025 View: 6

Most feel financial secure but think UK’s economy is worsening, as chancellor plans welfare cuts in spring statementConsumers are cutting back spending on everyday items amid falling confidence in the UK economy before Rachel Reeves’s spring statement, according to a survey.As the chancellor prepares to confirm billions of pounds in cuts to welfare and government spending on Wednesday, the research by KPMG showed growing numbers of people in Britain believed the economy was heading in the wrong direction. Continue reading...

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