UK shops to recovery, but wages lag

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UK shops to recovery, but wages lag

by Reuters Videos 1:53 mins

UK shops to recovery, but wages lag

by Reuters Videos 1:53 mins

British retail sales fell slightly in July, compared with a month earlier. Shoppers spent less on food as supermarkets cut prices as they battle for market share. As Joel Flynn reports, consumer spending has been a major driver of the UK's unexpectedly strong recovery, which has led to questions when the Bank of England will raise interest rates.

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