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S&P: UK Consumer Sentiment Falls in August

MT Newswires·08/17/2026 10:57:03
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10:57 AM EDT, 08/17/2026 (MT Newswires) -- Consumer confidence in the UK weakened in August as households became increasingly insecure about their jobs amid a renewed decline in income. The S&P Global UK Consumer Sentiment Index stood at 42.9, down from a four-month high of 43.4 in July, according to a survey by S&P Global released Monday. Sentiment regarding the labor market marked its lowest level since March 2023. Demand for additional borrowing also increased as falling income prompted a renewed appetite for credit.