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The latest survey from IHS Markit  showed that the UK households’ confidence about their financial situation held at its highest since 2015 this month, Reuters reports.

Key Findings:

“Overall, the IHS Markit Household Finance Index held unchanged at 45.9 in September, the strongest reading since a series high of 46.2 recorded in January 2015.

IHS Markit economist Joe Hayes  noted: “UK households’ assessment of their current and future finances, despite ongoing Brexit uncertainty and sustained inflationary pressures, were relatively buoyant in September.”

The IHS Markit survey showed 49 percent of people expect the Bank of England to raise interest rates in the next six months “” up by 5 percentage points on the month “” and 73 percent expect an increase within a year.

The IHS Markit data was based on a survey of 1,500 adults conducted by market research company Ipsos MORI between Sept. 6 and Sept. 10.

Meanwhile, separate figures from Visa, released slightly earlier on Monday, showed modest year-on-year growth in the volume of consumer spending for August, as Britons continued to make the most of an unusually warm summer.”

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