Consumer confidence collapsed after general election, YouGov finds

Hung parliament, pay squeeze and housing slowdown took consumers’ spirits to lowest level since Brexit vote, says poll

Consumer confidence slumped in the 12 days after the general election to its lowest level since the aftermath of last year’s Brexit vote, as households were unnerved by the impact of a hung parliament.

A poll by YouGov found that consumers feared the unstable political situation would hit house prices and dent their living standards, which have already come under pressure in recent months from high inflation and sluggish wages growth.

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