The country’s major purchase index is in freefall as food and energy costs weigh on households Consumer sentiment in the UK fell to record lows in August as the cost-of-living crisis continued to deepen, and inflation hit a four-decade high. British consumer confidence declined to minus 44 in August from minus 41 in July, the lowest level since the survey began in 1974, data tracked by research firm GfK shows. Sentiment has been falling steadily throughout 2022, and declined by a further three points in August. A year ago it stood at minus 8. “A sense of exasperation about the UK’s economy is the biggest driver of
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