UK consumer confidence edges up on vaccine news: YouGov

FILE PHOTO: A shopper carries a basket in a supermarket in London, Britain April 11, 2017. REUTERS/Neil Hall

LONDON (Reuters) - British consumer confidence has improved slightly as the prospect of vaccines for COVID-19 grows, polling firm YouGov said on Tuesday.

YouGov said its index for consumer confidence increased to 102.3, up from 101.4 a month ago.

“November’s consumer confidence index shows that despite England’s lockdown, Wales’ ‘fire breaker’ and increased restrictions in Scotland, consumer confidence has increased across the UK albeit marginally,” Darren Yaxley, director of reputation research at YouGov, said.

“After news that three new possible vaccines are showing signs of success, consumers are feeling more upbeat about their finances and house prices in particular.”

Writing by William Schomberg; Editing by Alistair Smout