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Wednesday, 05 December 2007 |
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By Abbi Rouse
 The country's financial optimism has hit a record low, new research shows.
In the latest consumer confidence survey conducted by GfK NOP, the public's outlook in regards to Britain's general economic wellbeing continued to fall over the course of this month to stand at -10, a decrease of two points from research conducted in October. During the same month in 2006, the overall index was at -7. As a result, the score is now at its lowest point since March 2003.
Across all six of GfK NOP's indices a fall in optimism was noted. In particular, the index judging consumers' views about their personal finances over the last 12 months, which could include opinions ranging from the availability of UK loans and savings accounts to budgeting and credit cards, was found to stand at zero. Consequently, the index had decreased from the two points recorded in October, the same figure also recorded in November 2006. Going forward, people's opinions on how their personal finance situation will fare during the coming year retained a positive score at +9. However, this is a |
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Last Updated ( Wednesday, 05 December 2007 )
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