fromBusiness Matters
1 week agoNearly 1bn wiped off UK retailers' market value as Deutsche Bank 'fear index' warns of consumer squeeze
Almost £1 billion was wiped off the stock market value of Britain's biggest retailers on Tuesday after Deutsche Bank warned that consumer confidence is sliding sharply ahead of the autumn budget. The bank's so-called fear index points to rising anxiety across all income groups, with shoppers concerned about job losses, frozen tax thresholds, and the prospect of further fiscal tightening from Chancellor Rachel Reeves.
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