This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/8245488.stm
The article has changed 36 times. There is an RSS feed of changes available.
Previous version
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
Next version
| Version 25 | Version 26 |
|---|---|
| UK consumer confidence increasing | UK consumer confidence increasing |
| (about 1 hour later) | |
| UK consumers were more optimistic about the future than they have been in over a year, according to the Nationwide Consumer Confidence index. | |
| The index rose to 63 in August from a revised 61 the previous month, the highest since May 2008. | The index rose to 63 in August from a revised 61 the previous month, the highest since May 2008. |
| The survey suggests consumers have a greater willingness to spend. | The survey suggests consumers have a greater willingness to spend. |
| But many are still downbeat about their present employment and economic circumstances, with more than 70% describing it as "bad". | But many are still downbeat about their present employment and economic circumstances, with more than 70% describing it as "bad". |
| "The rise in positive sentiment across all the indices is no surprise as a number of key economic indicators continue to show that we may have reached the bottom of the current recessionary cycle," said Nationwide's chief economist Martin Gahbauer. | "The rise in positive sentiment across all the indices is no surprise as a number of key economic indicators continue to show that we may have reached the bottom of the current recessionary cycle," said Nationwide's chief economist Martin Gahbauer. |
| Its expectations index - which explores how people about the economy and their own personal finances in six months time - rose to 94 last month from 91, the highest since September 2007. | Its expectations index - which explores how people about the economy and their own personal finances in six months time - rose to 94 last month from 91, the highest since September 2007. |