The Latest Breaking News from GfK

UK state debt is as big as the country's economic output for the first time since the 1960s, data showed Friday, as the new government warns of tough fiscal decisions before its maiden budget.

Concerns over government plans wipe out progress made this year to rebuild household morale

Consumers are nervously awaiting the budget, reports data provider GfK, while national debt hits highest level since 1960s

About 1,500 Tata Steel workers will begin an indefinite strike in July over the company’s plans to cut thousands of jobs, the trade union Unite says

Under-pressure consumers are holding back on spending with the economy already in recession

Rolling coverage of the latest economic and financial news, as prospect of several interest rate cuts this year boosts shares but weighs on the pound

Broadcasters must make the case for the synergy of linear TV and digital to agencies and brands

The latest data from GfK shows that UK consumer sentiment has reached a two-year high, thanks to a reduction in inflation levels.

People’s confidence in the UK’s economic outlook improved towards the end of 2023, despite continuing to battle a cost-of-living crisis. Although it has strengthened over the year to December, “consumer sentiment” as this confidence is called, is still in negative territory.

Get ready for a boost in German consumer sentiment as we ring in the new year! GfK predicts a rise in economic optimism for 2022. Let the good vibes roll!

Halifax says no signs of spike in ‘forced sales’; eurozone heading for recession while UK avoids recession, surveys suggest