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UK Consumer Sentiment Hits Over Three-year Low in October, S&P Global Says
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10:59 AM EDT, 10/19/2026 (MT Newswires) -- Consumer confidence in the UK reached its lowest level in more than three years in October amid elevated upside risks to inflation, an S&P Global survey showed Monday. The S&P Global UK Consumer Sentiment Index declined to 41.3 in October 2026 from 42.7 in September 2026, marking its lowest since July 2023. The survey showed that 57% of respondents expect a hike in the Bank of England's key rate, compared with 8% who anticipate a reduction.
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