UK Consumer Sentiment Falls to Lowest Since 2023, GfK Says

Britons became more pessimistic about their finances and the wider economy after the Iran war drove up petrol prices, according to a closely watched survey.

GfK’s consumer sentiment gauge fell four points to minus 25 in April, the lowest level since 2023, it said Thursday. The decline was steeper than in March, when confidence dipped only slightly after the first US-Israeli strikes on Iran, suggesting households are starting to take stock of what the Middle East conflict means for their budgets.