FT – Consumer confidence takes a tumble as household fears painful budget
The FT says consumer confidence fell in September, wiping out all the progress the UK had made so far this year. The paper says it comes despite consumers benefiting from cheaper loans, rising real wages and a decrease in inflation.
The front page features an image of people watching a speech by Hezbollah leader yesterday – where he vowed revenge for the electronic device explosions and the bomb attack on southern Lebanon.
A third story on the front page reports billionaire hedge fund manager John Paulson has brushed aside Wall Street worries that Donald Trump’s plans to raise tariffs will harm the economy, calling for the US to “decouple” from China.
