📈 Business
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Bloomberg
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UK Retail Sales Fall for First Time in Three Months, ONS Reports
UK retail sales declined for the first time since November, according to the Office for National Statistics. Consumers have been cutting back on spending, and the outlook has darkened further as the Iran war casts a shadow over Britain's economic prospects. The data signals growing caution among British shoppers.
UK retail sales declined for the first time since November, with consumers reining in their spending even before the Iran war clouded Britain’s economic outlook.