Pre-Brexit nerves hit consumers

The confidence of UK consumers is being hit by the uncertainty surrounding Brexit, according to a long-running survey.

People are now less optimistic about the prospects for their personal finances and the general economy over the next 12 months, according to research firm GfK. Its consumer confidence index fell three points to -14 in August.

“Until Brexit leaves the front pages – whenever that will be – consumers can be forgiven for feeling nervous not just about the wider economy but also about their financial situation,” said Joe Staton, client strategy director at GfK.