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Tag : Consumer spending

Business News Politics

UK to plunge into deepest slump on record with worst fall in GDP among G7

NewsColony
Britain’s economy will be officially declared in recession this week for the first time since the 2008 financial crisis, as the coronavirus outbreak plunges the...
Business News Politics

Bank of England says UK economy recovering faster than first feared

NewsColony
The Bank of England has said Britain’s economy is recovering more quickly than initially feared from the coronavirus pandemic as consumer spending rises, despite warning...