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UK consumers spend on heat and football even as risks build

The retail data points to a UK consumer still spending, but decelerating from May's pace even with two clear tailwinds in the heatwave and the World Cup, which suggests the underlying trend is softer than the headline numbers imply. The stabilisation in travel spending after April and May's Iran war related falls is a modest positive, but the explicit warni…

Bearish · GBP investinglive Mon, 13 Jul 2026 23:19:42 UTC

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