UK consumer confidence dropped in February on weak economic conditions, survey data from GfK showed on Friday. The consumer sentiment index fell to -21 in February from -19 in January.
UK consumer sentiment rose to a two-year high in January, survey results from the market research group GfK showed on Friday. The consumer sentiment index improved to -19 from -22 in December.
British consumers are the most optimistic since the start of 2022 as they turn more hopeful about the economy with inflation on the wane and wages growing.
European stocks moved higher on Friday amid optimism the U.S. lawmakers will agree on a debt ceiling deal sometime soon and help avert the risk of default..