UK consumer confidence hits lowest level since financial crisis - business live

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Rolling coverage of the latest economic and financial news, as the GfK consumer confidence index hit decade lows

The euro surged yesterday after the ECB ramped up its coronavirus response by agreeing to inject an additional €600bn of emergency financial support into the Eurozone economy.

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Completely understandable. Especially since the steer from ex-chancellors collectively suggest hard times ahead. It will be good to have some optimism too. E.g., we will all be microchipped through vaccination. Will be super easy to track and lock-up criminals!

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UK car sales slump as 2,000 workers lose their jobs in Covid-19 crisis – business liveLive coverage as Aston Martin and car dealer Lookers announce costs savings plans And this to be followed by a Johnson driven Brexit crashout from the EU which will further increase unemployment & further deepen the current economic depression just when UK should be consolidating EU ties in the face of global climate change challenges. And I did say this yesterday that the reality will be very different to what you reported yesterday relating to the car dealership 'VIRTU' yesterday. I think you need to consider a broader context of views, I am happy to assist if you need help. BBCNews UK new car sales down -89.0% in May as ‘click and collect’ sparks hope ahead of showroom re-opening
Source: The Guardian - 🏆 84. / 53 Read more »