April GDP likely to suffer due to retail sales figures, although consumer confidence on the rise

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Retail Sales Plummet in April Due to Poor Weather, According to Office for National Statistics Retail sales in the UK took a sharp downturn last month, falling 2.3% according to newly released data from the Office for National Statistics (ONS). This decline was even worse than the 0.4% decrease predicted by economists polled by Reuters. The ONS report revealed that the quantity of goods and…

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