Consumer confidence plummets amid ‘perfect storm of worries’

Brands must make sure they remain on the “must have” list, says Gfk’s Joe Staton, as confidence could drop even further. Source: Shutterstock Consumer confidence has fallen to its lowest score in 13 months, as concerns over the impact of price rises, taxes and...

GSK Consumer Healthcare to be renamed Haleon after demerger

GSK Consumer Healthcare business plans to rebrand to Haleon after its demerger from GlaxoSmithKline. The new name, pronounced ‘hay-lee-on,’ has been created by merging the words ‘hale’ meaning in good health and ‘leon’, which is associated with strength. According to...

Consumer confidence slips as Omicron takes hold

Inflation and developing news surrounding the Omicron variant has hit consumer confidence, as this month’s GfK data shows drops in major purchase intentions, personal and economic outlooks over the next 12 months. Source: Shutterstock Consumer confidence in the UK has...

Consumer confidence returns to growth despite inflation fears

Despite record breaking inflation and higher living costs, this month’s GfK data shows an increase to major purchase intentions and a positive outlook for the economy. UK consumer confidence is back on the rise as future expectations for the economy and personal...