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The Latest Breaking News from GfK

Hopes for the high street and the economy rise as economic gloom lifts

Better-looking retail sales and consumer confidence numbers are published in same week BOE holds rates

Evening Standard

UK recession risk mounts as business falters; mortgage lenders cut rates – as it happened

Business activity shrinks at fastest pace since financial crisis excluding Covid months; some fixed five-year mortgage rates dip below 5%

The Guardian - UK

Consumer confidence continues to rise amid cost-of-living woes

GfK’s long-running Consumer Confidence Index increased four points in September, but remains at a subdued minus 21.

The Independent UK

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NZME: Good times are just around the corner

MediaRoom column: Herald publisher NZME's statutory net profit down by three-quarters; Newstalk slightly less dominant in radio ratings; farewell to a private equity owner who farewelled Today FM, and latest online audience numbers.

Newsroom.co.nz

Consumer confidence shows ‘renewed optimism’ against falling core inflation

GfK’s long-running Consumer Confidence Index improved five points in August, although it remains firmly in negative territory at minus 25.

The Independent UK

PS5 price cut was a success everywhere except the UK, according to Sony

Gamers worldwide had an appetite for Sony's recent PS5 price drop, but apparently not in the UK.

TechRadar

London Underground strikes called off; UK government borrowing falls – as it happened

Planned tube strikes next week called off after talks breakthrough; government borrows £18.5bn in June, third-highest June borrowing on record

The Guardian - UK

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Consumer confidence drops in July as ‘reality bites’

GfK’s Consumer Confidence Index fell six points in July to minus 30 amid concerns for personal finances and the wider UK economy.

The Independent UK

Data-driven customer-centricity: the key to business performance improvement

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Independent UK

Consumer confidence continues to recover despite living cost pressures – survey

GfK’s long-running Consumer Confidence Index rose by three points in May to minus 27, the fourth monthly increase in a row from January’s minus 45.

The Independent UK

Xbox Series X|S hits 2 million UK sales faster than Switch, but slower than older generations

Microsoft's Xbox Series X and S systems have sold 2 million units in the UK since launch.

Windows Central

Strong business survey lifts the gloom after disappointing retail sales

The mixed statistical messages will make it even harder for the Bank of England’s Monetary Policy Committee to make its decision on interest rates

Evening Standard

Rise in consumer confidence masks ‘stark reality’ of cost-of-living crisis

GfK’s long-running Consumer Confidence Index increased two points in March, rising to an overall score of minus 36.

The Independent UK

Consumer confidence in surprise rebound from historic lows

GfK’s long-running consumer confidence index rose by a significant seven points in February but remains at a “severely depressed” negative 38.

The Independent UK

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Wales Online

Inflation and energy bill woes reduce consumer confidence to near-historic low

GfK's Consumer Confidence Index dropped three points in January to minus 45

The Independent UK

Consumer confidence hits near-historic low amid inflation and energy bill woes

GfK’s long-running Consumer Confidence Index dropped three points in January to minus 45 after a short-lived and weak rally in the last quarter.

Newsroom.co.nz

Long, steep challenge for Today FM

Finding a niche in the country's most competitive media market is no easy thing and will require long-term thinking for a radio newcomer

Evening Standard

Black Friday delivers lowest consumer technology sales since 2017

Consumers seeking to cut energy bills sent sales of air fryers up 145% in a year, according to analysts GfK.

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The Guardian - UK

Hunt denies planning to lift fuel duty; pound higher despite grim outlook – as it happened

The government has made “no decision” on whether to increase the rate of fuel duty on petrol, Jeremy Hunt insists as he defends autumn statement

The Independent UK

Consumer confidence at near historic low despite slight increase

GfK’s long-running Consumer Confidence Index increased three points in November to minus 44.

The Independent UK

Air fryer and slipper sales surge as energy bills skyrocket

Research suggests that air fryers are more energy efficient than using a cooker

The Guardian - UK

Air fryer and slipper sales surge as UK strives to reduce energy use

Consumers move quickly to prepare for unaffordable energy bills despite mild autumn, finds market research

The Independent UK

Consumer confidence claws back two points as UK grapples with ‘new abnormal’

GfK’s long-running Consumer Confidence Index continues to languish at a near-historic low of minus 47.

The Guardian - UK

Pound plunges through $1.09 as former US Treasury secretary blasts ‘naive’ UK policies in mini-budget– as it happened

Sterling has tumbled by over three cents to 37-year low, and UK gilt yields are surging, after Kwasi Kwarteng announced huge unfunded tax cuts

Wales Online

Consumer confidence plunges to another record low amid deep concerns over personal finances

GfK's index shows the new low is the fourth time it has been recorded in the past five months as people fret over the state of the economy

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