Trump tariffs spook Brits as UK consumer confidence sinks to record low

Prospects for retail spending tick up

Beth Brearley
clock • 2 min read

Consumer confidence plunged to an all-time low in April as President Trump's ‘Liberation Day' tariffs caused jitters for investors, but the prospects for retail spending improved slightly ahead of the late Easter break.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

UK-US trade deal 'done' as Trump drops papers at G7 summit
UK

UK-US trade deal 'done' as Trump drops papers at G7 summit

‘Fair deal for both’

Eve Maddock-Jones
clock 17 June 2025 • 2 min read
Friday Briefing: PISCES in Gemini season
UK

Friday Briefing: PISCES in Gemini season

Friday Briefing

Cristian Angeloni
clock 16 June 2025 • 5 min read
Hargreaves Lansdown's Derren Nathan: Reports of in-store retail's death greatly exaggerated
UK

Hargreaves Lansdown's Derren Nathan: Reports of in-store retail's death greatly exaggerated

M&S, Next and Tesco leading

Derren Nathan
clock 12 June 2025 • 4 min read
Trustpilot