UK Consumer Confidence Falls to Lowest Level Since 2025

S&P Global says UK consumer sentiment hit a 14 month low in March. Households are wary of spending as Middle East conflict threatens to push up energy prices.

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Consumer confidence in the United Kingdom has fallen to its lowest level since early last year as the outbreak of conflict in the Middle East begins to weigh on the domestic economy. According to the latest data from S&P Global Inc., the Consumer Sentiment Index dropped to 44.1 in March from 44.8 in February, marking its weakest reading since January 2025.

People waiting in line for food within the Canary Wharf financial district of London, England, in May 2022. REUTERS/Kevin Coombs
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