Household confidence in job security across the United Kingdom has slumped to a six-month low, according to the latest data from the Centre for Economics and Business Research (Cebr) and YouGov. The report highlights a significant downturn in perceptions of employment stability, with escalating conflict in the Middle East identified as a major risk to financial confidence.
Sharp Decline in Job Security Sentiment
The job security measure in the consumer confidence index fell to 92.6 in February, marking a decline of 1.1 points since January. This score places the indicator firmly in negative territory, as any value below 100 reflects pessimistic sentiment among respondents. The data reveals that people's perceptions of their job security over the past month have dipped to the lowest level since August of the previous year.
Contrasting Outlook for the Future
Despite the current downturn, households are displaying a more optimistic view of the year ahead. The forward-looking job security measure recorded a score of 117.6, indicating positive expectations for future employment stability. This contrast suggests that while immediate concerns are mounting, there is underlying hope for improvement in the labour market.
Overall Consumer Confidence Trends
The overall consumer confidence index stood at 108.7, showing improvements in several key areas. Forward-looking perceptions of house prices and personal finances have seen notable gains, contributing to the positive headline figure. Specifically, perceptions around the outlook for home values increased by 3.2 points to reach 134.8, marking the third consecutive monthly rise.
Inflation and Geopolitical Risks
Sam Miley, head of forecasting and thought leadership at Cebr, commented on the findings. "The improvement in confidence so far this year has coincided with a sharp deceleration in inflation," Miley stated. "However, a major risk has since emerged in the form of escalating conflict in the Middle East. The ensuing volatility in commodity markets and potential for pass through to UK consumer prices could damage financial perceptions in the months ahead."
Miley further noted that beneath the headline increase in confidence, job security perceptions have reached their weakest level in six months. This trend is seen as a sign of the loosening labour market, which has been evidenced by recent official publications.
Household Financial Situation
Views on household financial situations for the next year received a score of 95, reflecting an improvement since earlier in 2026. However, this score remains in negative territory, indicating ongoing concerns about personal finances. The research, based on more than 6,000 monthly interviews conducted by YouGov, captures views on the past 30 days and expectations for the coming 12 months.
Survey Methodology and Timing
The latest survey was carried out across the UK from February 1 to 25, providing a comprehensive snapshot of consumer sentiment. The ongoing data collection ensures that trends are monitored consistently, offering valuable insights into economic perceptions and potential shifts in the market.
As the UK navigates these economic challenges, the interplay between job security, inflation, and geopolitical tensions will be critical in shaping household confidence in the months to come.
