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UK Consumer Confidence Recovers to Pre-Pandemic Levels in May
Consumer sentiment in the U.K. increased further in May amid the easing of virus-related restrictions, regaining all the ground lost to the pandemic. Market-research firm GfK's consumer-confidence barometer came in at minus 9 in May, up six points from April and matching the reading registered in March 2020, before confidence among British consumers plunged amid the virus-related lockdown. After months at severely depressed levels, British consumers' mood improved quickly from February amid a swift Covid-19 vaccination campaign and the gradual implementation of the roadmap out of lockdown. "U.K. consumer ... (full story)