Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of levels of consumer confidence and whether they plan to implement measures to increase it.

Consumer confidence, as measured by the commonly used GfK survey, rose by 3 points in May 2025, with all sub-components recording an improvement in sentiment. The Government monitors consumer confidence alongside other relevant economic indicators for understanding developments in the UK economy.

Consumer confidence is intrinsically linked to household finances and the broader economic outlook. The Government is delivering on its commitments in the Plan for Change to raise growth and living standards. This is already delivering for working people, with three new trade deals protecting jobs, boosting investment and cutting prices, a pay rise for three million workers through the National Living Wage, and real wages rising by more since the election than in the first ten years of the previous Government.