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flag UK retail sales rose 1.6% in October, the weakest growth since May, as shoppers delayed spending ahead of Black Friday and a key budget.

flag UK retail sales grew just 1.6% in October, the weakest rise since May, as consumers delayed spending on items like electronics and clothing ahead of Black Friday and the November 26 autumn budget. flag Barclays reported a 0.8% year-on-year drop in card transactions, with essential spending falling sharply. flag Retailers face uncertainty over upcoming fiscal changes, and consumer confidence declined across all seven of Barclays’ indicators, the first drop since 2022.

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