Recent data by Ipsos MORI has painted a stark picture of the British economy. The study, released on Sunday, shows that economic confidence among Britons has declined to levels unseen since the survey began in 1978. With 75% of the population expecting a worsening economic situation over the next 12 months—an 8 percentage point increase since March—the findings signal deeply rooted pessimism.
Recent findings from research firm Ipsos MORI reveal a historic dip in British confidence regarding the nation’s economic future over the next 12 months. The survey indicates that skepticism is permeating both the business community and consumers, highlighting a significant shift towards pessimism.
Recent news about the Norwegian Sovereign Wealth Fund (Norges Bank Investment Management) making a significant investment in real estate in Mayfair - a prestigious area in London - has drawn attention from analysts and investors alike. The fund paid approximately £306 million ($378 million) for a 25% stake in a portfolio of office and retail properties. This strategic move underscores confidence in the resilience of the investment climate in the UK.
