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Weak retail sales signal struggling households, complicating Chancellor John Healey's upcoming budget with fresh economic pressure.
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Retail sales in Great Britain fall as struggling households cut back
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Latest negative economic update comes as John Healey is due to announce budget next weekBusiness live – latest updatesRetail sales in Great Britain fell more steeply than expected last month, the latest negative economic update before the chancellor, John Healey, announces his budget next week.The Office for National Statistics (ONS) said the volume of goods sold fell 0.4% month on month in September, much steeper than economists’ consensus expectations of a 0.1% fall. Continue reading...
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