{"id":145357,"date":"2025-09-18T12:35:06","date_gmt":"2025-09-18T12:35:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/145357\/"},"modified":"2025-09-18T12:35:06","modified_gmt":"2025-09-18T12:35:06","slug":"consumer-confidence-slumps-ahead-of-reeves-winter-budget-guido-fawkes","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/145357\/","title":{"rendered":"Consumer Confidence Slumps Ahead of Reeves Winter Budget \u2013 Guido Fawkes"},"content":{"rendered":"<p>Consumer confidence slumped for the fourth consecutive month <a href=\"https:\/\/brc.org.uk\/news-and-events\/news\/corporate-affairs\/2025\/ungated\/high-inflation-weighing-on-consumer-confidence\/\" rel=\"nofollow noopener\" target=\"_blank\">according<\/a> to British Retail Consortium. \u2018Working people\u2019 bracing for the budget\u2026<\/p>\n<p>In September, expectations of the economy dropped by 4 points to -36, personal financial situation worsened to -7, and spending overall fell by two points to +14. Inflation remaining at 3.8% \u2013 well above the Bank of England\u2019s 2% target \u2013 hasn\u2019t helped\u2026<\/p>\n<p>Helen Dickinson of BRC said:<\/p>\n<p>\u201cConfidence among Millennials fell dramatically this month, as their expectations for both the economy and their own finances fell by double digits. Worries about the Budget, combined with the increase in the cost of living, have eroded confidence, with little sign that inflation will come down soon.\u201d<\/p>\n<p>Meanwhile Reeves is staring down a \u00a330 billion black hole as the OBR is expected to slash its growth forecast thanks to her business-bashing budget last year. Winter is coming\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"Consumer confidence slumped for the fourth consecutive month according to British Retail Consortium. \u2018Working people\u2019 bracing for the&hellip;\n","protected":false},"author":2,"featured_media":145358,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[458,84,1294,56,54,55],"class_list":["post-145357","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-budget","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/145357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=145357"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/145357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/145358"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=145357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=145357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=145357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}