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Retail Confidence Plummets: CBI Reports 17-Year Low

11/26/2025

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Summary

Story summary

The Confederation of British Industry (CBI) reports the steepest 17-year confidence drop for British retailers.
Sales fell ahead of a budget expected to raise taxes.
The gauge fell to -32 from -27 in October, with the forward-looking gauge at -24 and three-month sentiment at -35.
Alpesh Paleja, the CBI's deputy chief economist, says weak demand and cautious households delay investment.
The survey covers 177 firms, mainly retailers and wholesalers.

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Story summary

The Confederation of British Industry (CBI) reports the steepest 17-year confidence drop for British retailers.
Sales fell ahead of a budget expected to raise taxes.
The gauge fell to -32 from -27 in October, with the forward-looking gauge at -24 and three-month sentiment at -35.
Alpesh Paleja, the CBI's deputy chief economist, says weak demand and cautious households delay investment.
The survey covers 177 firms, mainly retailers and wholesalers.