British households' confidence in their finances fell to a new low in March, according to a survey released on Friday, showing that recent measures announced by Chancellor of the Exchequer Rissy Shunak have failed to boost consumer sentiment.
The consumer confidence index compiled by polling firm YouGov and consultancy Cebr fell to 103.9 points in March, the lowest level since January 2021 and down from 106.6 points last February.
Last month, Britain's Chancellor of the Exchequer faced widespread criticism for not doing enough to help the poorest households as the country faces its biggest fall in living standards since at least the 1950s, due to rising inflation
(CNA)
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