UK consumer in worse shape now than six months ago, says Currys boss
LONDON, Dec 12 (Reuters) -British consumers' financial health is worse today than it was six months ago, the boss of electricals retailer Currys CURY.L said on Thursday.
"The UK consumer's in a better place than a year a go but it's not as rosy as it was six months ago," CEO Alex Baldock told reporters after Currys reported first half results.
He noted that in the summer, UK consumers were looking at falling inflation, interest rates were expected to fall, and confidence was rising.
"That progress has stalled in recent months," he said.
Reporting by James Davey; Editing by William James
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