Consumer confidence has taken a hit before the Budget.
Consumer confidence has cratered ahead of the Budget according to a leading survey closely monitored by policymakers at the Treasury and Bank of England.
The GfK consumer confidence barometer has shown the overall index falling to -19 in November, slightly lower than at the same time a year ago.
The survey of around 2,000 individuals also showed people becoming less confident about their personal financial situations.
Brits were also less hopeful about their personal finances improving in the next year.
The reading for feelings about the general economic situation at present came in at -43 while the measure for expectations about the economy in the next 12 months also dropped in November.
News Updates
Stay ahead with our three d

City A.M.

The Evening Standard Investing
The Evening Standard Business
The Daily Beast
Raw Story
KTBS Health
New York Post
People Top Story
Voice of Alexandria Sports
Insider