The GfK Client Confidence index decreased by 5 factors from December (-17), hitting -22 this month, with all 5 measures down from the top of 2024.
The most important fall got here from the index measuring expectations of the UK common financial state of affairs over the subsequent 12 months, which fell by eight factors, from -26 in December to -34 in January.
UK borrowing hits highest December degree for 4 years at £17.8bn
In accordance with GfK, that is 13 factors worse than a 12 months in the past, in January 2024, when that determine stood at -21.
Equally, the measure for the UK common financial state of affairs throughout…
