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

FCA CEO addresses Budget market abuse concerns
UK

FCA CEO addresses Budget market abuse concerns

Pens open letter to Treasury Committee

Isabel Baxter
clock 04 December 2025 • 3 min read
Advisers on Cash ISA allowance cut: Move welcome but education concerns persist
UK

Advisers on Cash ISA allowance cut: Move welcome but education concerns persist

From £20,000 to £12,000 for under 65s

Sahar Nazir
clock 27 November 2025 • 3 min read
MPs and the City warn against government plans to cut Cash ISA allowance
UK

MPs and the City warn against government plans to cut Cash ISA allowance

'Question of fairness'

Patrick Brusnahan
clock 27 October 2025 • 3 min read
Trustpilot