UK consumer confidence dips to lowest level since 2023 amid tariff concerns

Consumer confidence in the UK has dropped to its lowest point in over a year, with the GfK index falling four points to -23 in April. This decline is attributed to domestic tax increases, rising bills, and concerns that Donald Trump’s trade wars may further escalate living costs for British households. The sentiment barometer reflects significant anxiety among consumers, marking its lowest level since November 2023.

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