Consumer confidence is improving after the headline score on GfK’s long-running index rose two points to minus 19 in April, compared with minus 30 a year earlier. GfK’s client strategy director Joe Staton said the improvements reflect the impact on household budgets of lower inflation and the anticipation of further tax cuts. “But Spring has arrived and maybe consumer confidence is, at last, slowly becoming brighter and heading in the right direction.”
Savers chasing the best rates on the market could earn over £1,000 in real terms this year as interest rates outpace falling inflation.
The index measuring changes in personal finances during the last year was up two points to -11.
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