US trade war fears drive UK consumer confidence down to record low; Tesla’s European sales fall again – business live

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From 3h ago 03.44 EDT Threat of US trade war drives UK consumer confidence down to record low The threat of a US trade war has driven UK consumer confidence down to its lowest level on record, the British Retail Consortium reports today. Its latest healthcheck on shoppers found that people were much more negative about the state of the UK economy, and of their own financial situation. The survey was conducted between the 4th and the 7th April, which covers the period immediately after Donald Trump announced new tariffs on US trading partners. It rather bolsters Andrew Bailey’s warning...