UK consumer confidence softens in November - YouGov/Cebr
By Abigail Townsend
Date: Tuesday 02 Dec 2025
(Sharecast News) - British consumer confidence softened in November, a survey showed on Tuesday, as concerns about job security and Budget jitters weighed heavily.
The latest consumer confidence index from YouGov and the Centre for Economic and Business Research (Cebr) came in 108.0, a 1.2 point decline on the previous month.
A score above 100 indicates positive sentiment, while one below it suggests a negative outlook.
Among the index's sub-measures, the largest drop was in forward-looking job security. It fell 3 points to 113.2, the lowest since May 2023.
People's perception of their job security over the last 30 days was also weaker, down 1.3 at 94.4.
There was also less confidence surrounding the outlook for house prices over the next year, with the measure losing 2.9 points at 128.4.
However, while the outlook for household finances remained in negative territory - off 1.4 points at 91.5 - people's perceptions of their finances over the last month rose 1.1 points to 91.7.
Sam Miley, head of forecasting and thought leadership at Cebr, said: "Uncertainty in the run-up to the Budget likely drove the dip in consumer confidence in November.
"Meanwhile, the unemployment rate recently reached a four-year high, weakening perceptions of current and future job security."
Miley also flagged the Bank of England's decision in early November to leave the cost of borrowing unchanged at 4% as another factor that weighed on sentiment.
The research was based on daily YouGov interviews about consumer confidence. The research and polling specialist carries out around 6,000 interviews a month.
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