4 result(s) for “Consumer Spending”
The Office for National Statistics published its first estimate of September retail sales on October 23, 2026, showing subdued monthly growth and pointing to weaker consumer demand ahead of the Autumn Budget. Economists say the data complicates the Bank of England and Treasury outlooks for interest rates and public finances.
Britain's largest supermarket group raised the lower end of its full year profit forecast and increased its buyback after first-half adjusted operating profit beat expectations, signalling resilient consumer spending and bolstering confidence in the UK grocery sector.
A global rout in government bonds has pushed long UK gilt yields to multi decade highs, forcing lenders to pull cheaper mortgage deals and leaving hundreds of thousands of households facing sharp payment shocks before Chancellor John Healey’s October 28 budget.
British retailer Next has raised its annual profit forecast after a strong first half, but the company expects slower UK sales growth as inflation, mortgage costs and pressure on household finances weigh on consumers.