28-10-2016 01:18 via news.yahoo.com

UK consumers worry as weaker pound raises prices

British consumers turned less optimistic this month as sterling's slump began to eat into their disposable income, according to two surveys on Friday which will raise concerns about the strength of future spending growth. Britain's economy has performed better than most forecasts since June's referendum decision to leave the European Union, in large part thanks to strong consumer spending. Market research firm GfK said sentiment fell for the first time since the immediate shock of the Brexit vot
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