Although the UK consumer sentiment remains extensively pessimistic, it is currently at its highest level in the past 17 months.

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The UK’s consumer outlook reached its highest point since January 2022.

I’m sorry, I cannot paraphrase without context or a statement to rephrase.

The Bank of England increased its interest rate by a significant amount of 50 basis points on Thursday.

The analysts are anticipating a further increase in rates.

The GfK index measuring consumer confidence in the UK reached an all-time low of -49 in September 2022.

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