UK consumer confidence ticks higher in August, survey shows

UK consumer sentiment ticked higher in August as Britons felt more secure about their security and grew more positive on the outlook for home prices, the results of a survey showed.

YouGov/Cebr's consumer confidence index rose from 107.2 in July to 107.6 this month.

Yet households' perception of their finances worsened for a fifth month running, the longest such stretch since the survey began.

"Although this month's consumer confidence figures bring good news, they have to be placed in context – they have not yet returned to where they were ahead of the election," said YouGov analyst Stephen Harmston.