Overview

• S&P Global’s UK Consumer Sentiment Index rose to 47.0 in August from 45.1 in July, the highest since October.
• Survey responses were gathered immediately after the Bank of England cut its base rate to 4.0% from 4.25%, and S&P said households initially received the easing positively.
• Personal-finance sentiment reached a 13-month high yet remained in negative territory below the survey’s 50 threshold.
• Labour-market views improved, with confidence in job security at an 11‑month high and in wages at an eight‑month high.
• Measures of cash available and willingness to make major purchases edged higher but stayed subdued, while other trackers report weaker confidence and inflation pressures persist.