Tag: Barclays


  • Household Spending Slumps as Tax Hikes Silence Confidence

    Household Spending Slumps as Tax Hikes Silence Confidence

    Overview: A Cooling of Household Spending Another year, another shift in the wallets of everyday Britons. Household spending fell by 0.2% in 2025, according to Barclays, marking the first decline since the upheavals of 2020. The drop follows a sequence of tax increases and policy changes that have weighed on consumer confidence and the willingness…