British consumers are gloomy about the economy
By Emily Peck
Published on May 1, 2026.
The UK is among the most pessimistic countries in the world, according to a ranking of surveys by Gallup. Only 21% of respondents in the last year said their local economy was improving, higher than the global median of 42%. This indicates the depth of the economic malaise in the UK. The IMF predicts that the country's economic growth will be significantly impacted by the Iran war's energy shock.
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