Business · 16 February 2026
UK families worry about debt as sentiment drops
Photo by Mikhail Nilov on Pexels
Recent data shows British consumer confidence has declined because people are concerned about what they owe. While Japan and Switzerland managed to escape economic recession, the Bank of England warns that global risks stay high. The central bank noted that the price of government borrowing rose in Britain and America following recent political events. Despite these pressures, the regulator believes households remain resilient.
Reported by Guardian · How we write briefs