The Guardian

UK consumer sentiment falls as households worry about debt; Japan and Switzerland avoid recession – business live


Rolling coverage of the latest economic and financial news, as Japan misses growth forecasts for the final three months of 2025

UK consumer sentiment continued to sink this month, as households grow more worried about debt levels.

A poll of consumer confidence from data firm S&P Global has found that morale continued to drop in February, although not as quickly as in January.

Consumers signal stronger rise in debt alongside a quicker deterioration in loan availability

Appetite for major spending recedes to weakest in ten months

Sentiment regarding labour market conditions at lowest since last June

“The mood among UK households matches the dismal weather seen so far this year across the country. Although the overall degree of gloom has lifted slightly since January, consumer confidence continues to run at one of the lowest levels seen over the past two years.

A period of prolonged rain and a dearth of sunshine have no doubt not helped to lift the low spirits seen among households, but there’s more going on here than just bad weather. Households are growing increasingly worried about debt in particular, especially as a rising need for credit was met with the steepest decline in availability of loans since August 2024.

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Source link : https://www.theguardian.com/business/live/2026/feb/16/japan-growth-gdp-escapes-recession-takaichi-uk-stock-market-house-prices-interest-rates-news-updates

Author : Graeme Wearden

Publish date : 2026-02-16 12:14:00

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