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UK economy: slimming down after lean Xmas?

9:03am EST - 01:35

British shoppers tightened their belts over Christmas, leading to the first year-on-year fall in spending since 2012, and leading businesses aim to do the same over 2018, according to two major surveys. As Ivor Bennett reports, the results from one retailer - Mothercare - sparked a 27 per cent fall in their share price.

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British shoppers tightened their belts over Christmas, leading to the first year-on-year fall in spending since 2012, and leading businesses aim to do the same over 2018, according to two major surveys. As Ivor Bennett reports, the results from one retailer - Mothercare - sparked a 27 per cent fall in their share price.

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UK economy: slimming down after lean Xmas?

9:03am EST - 01:35