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UK Consumer Spending Disappointed in November, Surveys Show

With card spending falling and retail sales growth at its weakest since May, retailers reported disappointing Black Friday results.
Customers shop at Macy's on Black Friday in November 2024 in New York City.
Barclays said spending on its credit and debit cards fell by 1.1 percent in annual terms in November. (Getty Images)

British consumers kept a tight rein on their spending in November as they awaited finance minister Rachel Reeves’ budget, while retailers said Black Friday sales disappointed, according to surveys on Tuesday.

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