Spend, spend, spend: spirit of Viv Nicholson lives on among shoppers | Larry Elliott

Consumers are not fretting about Brexit but you can understand why retailers are uneasy over 31 OctoberViv Nicholson, those with long enough memories may recall, won what was then a small fortune on the football pools in 1961. Asked what she was going …

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Online shoppers and Amazon Prime Day lift UK retail sales

Small rise confounds City forecasts as even troubled department stores record increaseOnline spending bolstered UK retail sales last month, while department stores notched up their first increase this year, as consumers shrugged off Brexit fears.The qu…

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Boost UK economy with higher wages and more days off – report

New Economics Foundation says putting money in workers’ pockets will raise productivityGiving workers more public holidays and raising their wages could boost the strength of the British economy, according to a report.The New Economics Foundation said …

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British consumer keeps UK plc afloat as key sectors start to sink

As a no-deal Brexit looms sterling is starting a steep slide and growth is stallingExperts debate the dataHow the Brexit vote affected UK economy – July verdictThe British consumer is holding up the country’s economic performance but key sectors are sh…

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How has Brexit vote affected the UK economy? July verdict

Each month we look at key indicators to see what effect the Brexit process has had on growth, prosperity and tradeExperts debate the dataBritish consumers keep the UK afloat Continue reading…

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Britain at risk of ‘full-blown’ recession as no-deal Brexit looms – business live

Rolling coverage of the latest economic and financial news, including the Office for Budget Responsibility’s new stress test of the UK economy Newsflash: OBR warns Britain risks ‘full-blown’ recessionHere’s why no-deal would hurtNo-deal Brexit could wi…

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Consumer spending at weakest since mid-90s amid Brexit chaos – BRC

Retailers say total sales fell by 1.3% in June while annual rate of growth slowed to 0.6%Fears that Britain’s economy has come to a standstill have been heightened by a report from retailers showing annual consumer spending at its weakest since their r…

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Water firms rapped on knuckles by regulator over bill-hike plans

Ofwat concerned over plans to charge ‘significantly’ more to cover utilities’ day-to-day costsWater companies have been rapped on the knuckles over plans to charge customers “significantly” more to cover their day-to-day costs from next year.The water …

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Fears for UK economy rise as shoppers rein in spending again

Colder May puts chill on summer clothing sales as consumer spending falls for second month in a rowBritain’s consumers have reined in spending after an unseasonably cold May prompted a sharp decline in summer clothing sales.The Office for National Stat…

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