UK Households Turn Optimistic on Growth Under Burnham, Survey Shows

Deutsche Bank’s dbDIG survey reveals a 21% net balance of households confident in stronger UK economic growth under the new government. UK households show a sharp rise in optimism about economic growth under Prime Minister Burnham, with a 21% net positive balance in Deutsc

Deutsche Bank’s dbDIG survey reveals a 21% net balance of households confident in stronger UK economic growth under the new government.

UK households show a sharp rise in optimism about economic growth under Prime Minister Burnham, with a 21% net positive balance in Deutsche Bank’s latest dbDIG survey. The sentiment shift follows Labour’s surge in popularity, overtaking Reform for the first time in 18 months.

Younger respondents aged 18-34 and higher-income households earning over GBP 50k are the most optimistic, with the latter group reporting a 37% net positive balance. However, sentiment about personal finances remains cautious, with only a 2% net positive balance across all respondents.

The survey highlights a paradox between broad economic optimism and muted confidence in individual financial outlooks, signaling mixed expectations despite the political shift.

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