Consumer and business confidence tumbles in November, surveys find

Consumers view economy with increasing despondency as businesses worry recovery after Brexit vote is starting to recede

Consumer and business confidence tumbled in November amid concerns the UK economy would struggle to grow after a post-referendum slowdown, two surveys have found.

Consumers were "resolutely gloomy" and viewed the economy with increasing despondency, while a broad range of businesses said they were worried the economic recovery after the Brexit vote was starting to recede.