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Consumer confidence 'battered and bruised' by coronavirus crisis
Consumer confidence has been “battered and bruised” by the coronavirus crisis, new research has found as optimism remained low despite the easing of lockdown restrictions. The latest data showed that confidence was at minus 34 as consumers were concerned about the economic impact of the pandemic, with unemployment claims rising amid warnings of a recession. The government this month set out a plan to ease lockdown restrictions, including allowing non-essential retailers to reopen from 1 June at the earliest, with hospitality businesses to remain closed until at least 4 July. However, the plans for lifting the ... (full story)