The Traderszone Network

Published in TZ Latest News 21 July, 2014 by The TZ Newswire Staff

British consumer confidence dips for the first time in 2014 – Lloyds

One measure of consumer confidence in Britain fell for the first time this year in June, the latest sign of a cooling in sentiment about the country’s economic recovery. The overall index of consumer confidence compiled by Lloyds Bank eased one percentage point to 145, data showed on Monday, with spending on gas and electricity around 2.5 percent lower than a year ago. The easing of the Lloyds index follows a slip in June of the monthly Household Finance Index compiled by data firm Markit. Labour market data last week suggested the economic recovery remains robust.