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Peer2Peer Finance News | July 19, 2018

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consumer confidence

Consumer spending falls for fourth month in a row

January 8, 2018 |

UK CONSUMER spending fell for the fourth consecutive month in December, rounding off the worst year for household expenditure since 2012, new data shows.

Visa’s UK consumer spending index, released on Monday, showed that spending declined by one per cent … Read More

SMEs’ financial health falls to lowest level in three years

June 26, 2017 |

THE CONDITIONS for UK small- and medium-sized enterprises (SMEs) deteriorated to the worst level in three years in the first quarter, new research has shown.

The inflation rate is outstripping wage growth and hampering consumer spending, while the weak pound … Read More

UK consumers and businesses shrink their borrowing ahead of Brexit headwinds

March 29, 2017 |

CONSUMER and business borrowing has taken a dip in the run up to Brexit negotiations, with both households and companies set for further bumps in the road over the next few months, economists have warned.

Figures released by the Bank … Read More

One in four Brits poorer than a year ago

March 7, 2017 |

ONE IN four Britons are feeling blue about their personal finances, as Brexit-induced economic swings have eroded savings over the past 12 months.

26 per cent of UK savers saw their finances deteriorate, while only one in five is better … Read More