Article 77KJF Consumer confidence at near two-year high as World Cup and UK holidaying lift summer spending

Consumer confidence at near two-year high as World Cup and UK holidaying lift summer spending

by
Phillip Inman
from World news | The Guardian on (#77KJF)

Barclays says survey shows people feel more secure in jobs and have more leeway to spend on non-essentials

Consumer confidence hit its highest level in almost two years in July, according to research that indicated the closing stages of the men's football World Cup and more people holidaying in the UK lifted summer spending.

A truce in the Middle East conflict in June and the arrival of a new prime minister in No 10 also gave a lift to consumers after a long period of heightened uncertainty.

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