British consumer confidence slides

London: British consumer confidence fell to a 20-month low in November as the looming government budget squeeze dented Britons’ outlook for 2011, Nationwide Building Society said.

The index of sentiment slipped seven points from October to 45, the lowest since March 2009, the lender said.

The gauge has now fallen for three consecutive months. The measure of consumers’ future expectations fell nine points to 61, also a 20- month low.