Improved consumer confidence 'far from guaranteed'

Indeed, consumer confidence disappointingly suffered a relapse in October after edging up to a 15-month high in September, highlighting that sustained improvement in consumer spending is far from guaranteed over the coming months.

– Howard Archer, Economist


Retail dip worse than expected

Weakening consumer confidence has led to a much worse than expected October for retailers. Retail sales volumes dropped 0.8% month-on-month.