Burnham's rebound and World Cup boost July mood

Consumer confidence in the UK increased in July, driven by optimism over a potential new Prime Minister, the England football team's success in the World Cup, and sunny weather. The GfK index rose by six points to -17, the highest since January, with improved views on the economy over the past year. However, confidence in personal finances only slightly increased, and the overall score remains well below pre-2016 levels, with recent geopolitical tensions and rising oil prices posing risks to sustained optimism.

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