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Virus worry prompts UK households to slash spending: survey

FILE PHOTO: Vegetables are displayed for sale inside a supermarket in London
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LONDON (Reuters) - British consumers, worried they will lose jobs and income as a result of the coronavirus outbreak, plan to rein in spending on major purchases to the greatest degree since 2012, according to a survey on Monday.The IHS Markit Household Finance Index sank in March to a 10-month low of 42.5 from February's record high of 47.6, pulled down by worsening sentiment around job security..
Date Published: Mar 23, 2020
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