
In the News
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UK consumer spending remained sluggish in November despite early Black Friday promotions, according to recent surveys.
Retailers had hoped for stronger sales, but high interest rates, inflation, and ongoing economic uncertainty led many households to hold back on purchases.
Data showed that both in-store and online spending failed to meet expectations, with many shoppers focusing only on essentials.
Analysts say consumer confidence remains fragile amid concerns over future costs and job security.
Some sectors like food and drink saw slight growth, but discretionary spending on clothing and electronics continued to struggle, reflecting caution in household budgets.
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