UK Consumer Confidence Falls To 20-Month Low

(RTTNews) - UK consumer confidence plunged to its lowest level since March 2009 in November as the government's spending cuts eroded morale, a new survey showed on Friday.

Reports said the Nationwide Consumer Confidence Index fell to 45 from 52 in October. Economists had predicted the indicator to stay unchanged.
The spending index slumped 13 points to 79 in November, the lowest level in two years.