Deloitte: Job worries worsen, UK consumer confidence sees largest drop in nearly three years.

Wisdom Finance APP learned that a survey released by Deloitte on Monday showed that the consumer confidence index in the UK has significantly declined for the first time in nearly three years, reflecting increasing concerns about job security. Deloitte stated that the consumer confidence index in the UK for the second quarter dropped by 2.6 percentage points to 10.4%, the lowest level since the first quarter of 2024. This decline is the first since the third quarter of 2022, when inflation reached double digits and financial markets were unsettled by former Prime Minister Liz Truss's budget plan.