Pessimism remains over UK economy

Financial Times – Pessimism about the British economy continues to worry households and businesses, according to two surveys. As many as 47 per cent of households in August expected their personal finances to worsen in the next 12 months, almost twice as many as the 25 per cent who forecast an improvement, according to the Markit/YouGov Household Finance Index. The proportion of pessimists is marginally lower than in July, but is higher than in any other month since March last year. Read Article

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