Consumer confidence in UK at lowest level in 15 months, survey suggests

Uncertainty over EU referendum and ongoing political and financial turmoil in eurozone ‘casting a cloud over economy’

Worries about the EU referendum in June and over a resurgence of the eurozone crisis have knocked consumer confidence in the UK to its lowest level in more than a year, according to a report.

Market research firm GfK said its consumer sentiment indicator for April was the weakest for 15 months as households became gloomier about the UK’s economic outlook. The index dropped to -3 from a March reading of 0, when GfK also claimed referendum jitters had hit consumer confidence.

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