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UK retail sales surge over Black Friday

Published Tue, Dec 20, 2016 · 09:50 PM
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London

BRITISH retail sales grew at their fastest rate in more than a year during the last week of November and the first two weeks of December, a survey by the Confederation of British Industry (CBI) showed on Tuesday.

However, the trade body said that it expected sales to slow in 2017, as the effect of a weaker currency since Britain voted to leave the European Union in June pushes up prices and squeezes household disposable income.

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