UK consumer and business confidence weaken ahead of Budget

Indices hit lowest levels this year as Britons ‘hold their breath’ for tax rises on October 30

Business - Financial Times - October 24

UK consumers in ‘a despondent mood’ ahead of the budget; pound on track for worst month in a year – business live

People holding ‘their breath’ to see what’s in store for them in Rachel Reeves’s first budget, reports GfK. Budget will reverse huge cuts in UK’s public investment, Reeves confirms Fewer ...

World - The Guardian - October 25

FirstFT: Partner pay at US law firms hits record levels

Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programme

World - Financial Times - October 25

UK consumer confidence recovers from pre-Budget dip

GfK index rose three points in November as lower interest rates and higher wages help ease financial concerns

Business - Financial Times - Yesterday

Consumer confidence surges ahead of election

American consumers are feeling more confident ahead of Election Day, but they’re still not as confident as they were before the pandemic, according to a new survey from The Conference Board, a ...

Politics - The Hill - October 29

Consumer confidence surges to record high ahead of Election Day

During the final weeks of the 2024 presidential campaign, consumer confidence has surged to the highest level in three years, but inflation remains a major concern for families. NBC’s Christine ...

Politics - NBC News - October 30

Here’s Why U.S. Consumer Confidence is Climbing Ahead of Election Day

The Conference Board’s monthly report says its index notched the largest gain since March 2021.

Business - Inc. - October 30

UK business activity shrinks for first time in a year as confidence in Labour falls

Many companies report worsening conditions following rise in employers’ national insurance contributions

Business - Financial Times - 21 hours ago

Cash Isas popularity surges ahead of UK Budget

Investors shift into tax-sheltered accounts given uncertainty of Labour proposals

World - Financial Times - October 25

Did Labour mislead UK public ahead of Budget?

Rachel Reeves’ tax-raising measures come after she pledged not to be a levy-hiking chancellor

World - Financial Times - October 31

UK house price growth slowed ahead of Budget

Rise in prices of just 0.1% between September and October fails to hit forecasts

World - Financial Times - November 1

Rachel Reeves aims to raise up to £20bn from national insurance rise

Employers’ contributions set to increase by 2 percentage points in next week’s Budget

Business - Financial Times - October 26

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - October 30

UK landed estates warn Budget tax changes will ‘kill off’ business

Owners of historic houses hit out at changes to inheritance tax and national insurance

Business - Financial Times - November 9

The Papers: 'Business blames budget' and 'UK economy takes hit'

A survey indicating a slowdown in private business activity, which some blame on the government, leads the front pages.

Consumer Sentiment Climbs as Trump Backers’ Confidence Surges

The post-election partisan flip pushed the University of Michigan’s Consumer Sentiment Index to its highest level since April.

Business - Inc. - 18 hours ago

FirstFT: US consumers continue to spend, spend, spend

Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election result

World - Financial Times - October 31

John Lewis chief criticises UK Budget as ‘two-handed grab’ from business

Nish Kankiwala is latest retail head to warn of additional costs for retailers and higher prices for consumers

World - Financial Times - 2 days ago

U.S. consumer confidence surges in October to highest level in nine months

The U.S. consumer-confidence index surged to 108.7 in October from a revised 99.2 reading in the prior month, the Conference Board said Tuesday. This is highest level of confidence since January.

Business - MarketWatch - October 29

Consumer confidence surges as election nears, while job openings move lower

Consumers grew more optimistic heading into the contentious presidential election even as job openings hit multiyear lows.

Business - CNBC - October 29

Norwegian Cruise Line seeing strong demand, as consumers show ‘health and confidence’

Norwegian Cruise Line’s stock rallies toward a three-year high after an “impressive” quarterly performance and amid continued “robust” demand.

Business - MarketWatch - October 31

Consumers are anxious ahead of the election. Corporate America is feeling it

Like it or not, there’s an election on Tuesday. Voters are stressed. And to at least a small degree, so are corporations.

Business - MarketWatch - November 3

Small Business Owners More Confident About Borrowing After Rate Cut

Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.

Business - Inc. - October 29

UK Budget spooks bond markets

UK borrowing costs hit the highest level this year after Budget announcements sink in

World - Financial Times - November 1

Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list

Nike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according to a consumer sentiment survey released Thursday.

Olaf Scholz delivers plea for German unity ahead of confidence vote

Chancellor makes fiery appeal in parliament for opposition support ‘for the good of the country’. The German chancellor, Olaf Scholz , has defended his decision to oust his finance minister , ...

World - The Guardian - November 13

Consumer sentiment hits 6-month high as Republicans grow confident in Trump win

Growing confidence among Republicans in a victory for Donald Trump helped push a survey of consumer sentiment to a six-month high less than two weeks before the U.S. presidential election.

Business - MarketWatch - October 25

Thanksgiving travel: What to know ahead of the busy weekend

With Thanksgiving just 10 days away, AAA is forecasting nearly 80 million Americans will travel by plains, trains and automobiles. NBC's senior business correspondent Christine Romans joins TODAY ...