Core Viewpoint - The mood of British consumers has dampened due to expectations of a slowing economy and potential tax increases later this year, which could lead to a greater downturn [1] Group 1 - Consumer sentiment in the UK is showing signs of decline this month [1] - There are concerns regarding the economic outlook, which is contributing to the negative consumer mood [1] - Potential tax increases later this year are adding to fears of an economic downturn [1]

Labor Market Trends - The UK labor market cooled during the summer [1] - Firms prepared for tax increases impacting the economy [1]

The head of Britain’s budget watchdog warned that tax increases may not be enough to bring the UK’s spiraling debt burden under control since the strategy could backfire by slowing the economy https://t.co/JQjO9v9E55 ...