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UK retail sales dip in January following Christmas boom

UK retail sales disappointed last month as Britons facing higher household bills reined in their spending after splurging on Christmas festivities. Total retail sales rose by 4.2% year-on-year in January, around half December’s pace and down from 11.9% growth a year earlier, the British Retail Consortium and consultancy KPMG said in a Feb. 7 report. […]

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