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‘Boris bounce’ theory is disproved by industry, with CBI painting relatively downbeat picture
Tills are ringing merrily in the high streets and it is all down to Boris Johnson. Thanks to the prime minister the dark clouds of uncertainty are now scudding away and a grateful nation feels free to start spending again.
Really? Sure, there was a chunky rise in retail sales in January but in the latest three months – a better guide to the underlying trend – they were up by just 0.8% on the same period a year earlier, the weakest annual growth since 2013. Continue reading...