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About Us & RulesConsumer Confidence At All Time High Thanks To George Osborne
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Consumer Confidence At All Time High Thanks To George Osborne
by Guest Mon Apr 21, 2014 6:06 pm
21st April 2014
British households are set to enjoy more disposable income as the economy stages a recovery and consumer spending power receives a welcome boost, according to a major think tank.
The figures by the Centre for Economics and Business Research showed that consumer spending is expected to rise by 1.5 per cent helping growth to reach its highest point since 2007.
It predicts that real household disposable income will reverse the 0.6 per cent fall of last year.
Chancellor George Osborne will welcome the news as proof that his economic plan for Britain is finally working.
But critics suggest that many people simply do not feel better off and many more are struggling to pay the bills and afford basic necessities.
According to the consultancy's report, the economy hit two key important benchmarks last week which will help households to feel better off.
Read more: http://www.dailymail.co.uk/news/article-2609438/What-cost-living-crisis-Household-spending-set-rise-1-5-cent-rebounding-growth-boosts-Osborne.html#ixzz2zXdJyoSF
British households are set to enjoy more disposable income as the economy stages a recovery and consumer spending power receives a welcome boost, according to a major think tank.
The figures by the Centre for Economics and Business Research showed that consumer spending is expected to rise by 1.5 per cent helping growth to reach its highest point since 2007.
It predicts that real household disposable income will reverse the 0.6 per cent fall of last year.
Chancellor George Osborne will welcome the news as proof that his economic plan for Britain is finally working.
But critics suggest that many people simply do not feel better off and many more are struggling to pay the bills and afford basic necessities.
According to the consultancy's report, the economy hit two key important benchmarks last week which will help households to feel better off.
Read more: http://www.dailymail.co.uk/news/article-2609438/What-cost-living-crisis-Household-spending-set-rise-1-5-cent-rebounding-growth-boosts-Osborne.html#ixzz2zXdJyoSF
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