Smith added that terrorism threats and the U.S. election have also affected consumer confidence.In Europe, confidence improved in 25 of 34 measured markets from the first quarter to the fourth quarter of 2016, with the biggest increase over the year in the Netherlands. Also On POLITICO EU expects home-team advantage in Brexit talks By Maïa de La Baume and Ryan Heath UK doesn’t meet NATO’s defense spending target: report By Gašper Završnik An increasing number of British people say the state of the economy is the most important issue affecting confidence in the U.K., according to a consumer survey.Some 28 percent of those polled named the economy as one of their top two concerns at the end of 2016, up from 12 percent in 2015, according to the Nielsen Global Survey of Consumer Confidence and Spending Intentions published Monday. The economy displaced terrorism and immigration as the top concerns in the last such survey.”As the political and economic planning for Brexit gets underway, concerns about jobs leaving the U.K. have unsettled consumers,” said Steve Smith, managing director, Nielsen U.K. and Ireland, in a statement.
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