British consumer confidence has grown to the highest level since September last year, thanks to an improvement in sentiment around personal finances and a less pessimistic view of the year ahead.
All but one of the measures used to determine the overall consumer confidence index had shown improvements, although many of the scores were still lower than the readings in May last year.
In particular, there was a big split between households’ relatively upbeat assessment of their own financial situation and the somewhat bleak assessment of the broader prospects for the economy.
