Weston : Primark Owner Forecasts Uptick in Lower-Income Consumer Confidence

The head of Associated British Foods has predicted rising confidence among lower-income consumers. As the Financial Times (FT) reported Tuesday (Nov. 5), George Weston made this forecast in light of the Labour government's budget, while also predicting that his company would be set back by "several tens of millions" due to some of the changes. [...] The post Primark Owner Forecasts Uptick in Lower-Income Consumer Confidence appeared first on PYMNTS.com.