‘Burnham bounce’ risks deflating unless focus remains on struggling households | Richard Partington

UK’s inequalities expose splits in consumer economy, with spending suffering and a decline in savings among the poorest A “Burnham bounce”, sunshine and a strong World Cup run for the England men’s football team. Could this be a turnaround moment for Britain’s struggling consumer economy or yet another false start for the UK’s spluttering growth engine? Last week the data company GfK credited Andy Burnham’s return to Westminster politics for lifting UK consumer confidence at its fastest monthly pace for almost three years in June. Continue reading…