Arab Today, arab today british consumers optimistic about british economy
Last Updated : GMT 12:34:44
Arab Today, arab today
Arab Today, arab today

British consumers optimistic about British economy

Arab Today, arab today

Arab Today, arab today British consumers optimistic about British economy

London - XINHUA

More consumers in Britain are now optimistic about British economy in the next 12 month despite stretched finances facing many households, according to a new survey released by the consumers group Which? on Sunday. The survey showed that more consumers, 35 percent, now thought Britain\'s economy would get better in the next 12 months, compared to those, 29 percent, who think it will get worse. The group said this is the first time and the highest rate consumers showing optimism since Which? launched our Consumer Insight Tracker in July 2012. However this optimism is not filtering through to how consumers feel about their household finances, with levels of worry about rising food, fuel and energy prices still high. The survey said that consumers are still most concerned about the cost of living, with the top worries remaining unchanged. The survey found that some 81 percent worried about fuel, 79 percent about energy prices, and 73 percent, food prices. Of the consumers taking part in the survey, nearly one third of consumers, 31 percent, were still finding it difficult or very difficult on their current household income. One in five, 20 percent, consumers still feel insecure about their job security. More than one in three, 36 percent, consumers are now cutting back spending on essential household items, involving 9.5 million households, compared to 25 percent last year. \"While this surge of optimism shows that consumers are feeling more positive about the future of the economy, it isn\'t filtering through to how people feel about their own personal financial situation, Which? executive director Richard Lloyd said. \"The recent heatwave and the arrival of a royal baby may have contributed to the public mood but there is still no let up for the millions of squeezed households who are struggling to get by. \"Unless things improve we won\'t see the all important rise in consumer spending that is so vital to the UK\'s economic recovery,\" Lloyd said.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today british consumers optimistic about british economy Arab Today, arab today british consumers optimistic about british economy

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today british consumers optimistic about british economy Arab Today, arab today british consumers optimistic about british economy

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday