Britain Does Not Keep the Gloom Fires Burning ; Economy

Summary


The feel-bad factor stopped getting worse last month as the nation's gloom was steadied, possibly, by the dip in petrol prices, several cuts in mortgage rates and even Great Britain's astonishing haul of Olympic gold.

Nationwide's Consumer Confidence index held steady in August.

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Extract


Britain Does Not Keep the Gloom Fires Burning ; Economy

The index number remained at a deeply depressed 52, but this was the month it has not fallen thi...

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