Why is 'trust' your next biggest asset?

A little more than a week ago, GfK published the September’s Consumer Confidence Index for the UK, with measures indicating a less-than-bullish position - to put it mildly.

Negative figures are never encouraging to see for those in consumer-facing sectors, and figures as marked as -27 for sentiment about the general economy over the next 12 months, as Nina Glass, Consultant at Eric Salmon & Partners says, “hit one squarely in the face.”

Luckily, Executive Grapevine got to sit down with Glass to find out what this means exactly – with confusion and uncertainty being the first points that she sees with many consumers positive about their personal finances but pessimistic about the overall state of the economy.

Providing Search and consultancy services for the consumer sector, amongst others,Glass is ideally positioned to provide insight into what these figures mean  As such, she notes that “shopper sentiment about personal finances over the last 12 months and year ahead were still within positive ranges, down three points, but still at +1 and +5 respectively.