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U.K. Consumers Are ‘Treading Water’ as Brexit Approaches Climax
U.K. consumer confidence held up better than expected this month in the face of fresh political turmoil over Brexit, according to a survey published Friday. GfK said its key index, which hit levels in August that were last lower six years ago, rose by 2 points to minus 12 as households declared themselves modestly less pessimistic. The survey was carried out in the first two weeks of September, after Prime Minister Boris Johnson announced plans to suspend Parliament ahead of taking Britain out of the European Union “do or die” at the end of next month. But his strategy was thrown into disarray this week when the ... (full story)
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