Confidence in the economy over the next three months remains firmly in negative territory at minus 48, but up from minus 53 last month.

Confidence in the economy over the next three months remains firmly in negative territory at minus 48, but up from minus 53 last month.

GfK’s long-running Consumer Confidence Index rose by two points in May, but is still four points lower than this time last year at minus 23.

Middle East ceasefire and government energy support measures have helped confidence