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British households will be on average £2,320 worse off this year as wages fail to keep pace with rising energy and fuel costs, representing the biggest fall in living standards since records began.
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Retail sales fall as shoppers cut back on food

UK shoppers cut back on food spending last month, adding to concerns that the economy is heading for an inflation-induced recession later this year.

Natwest Branch, High Street, Lincoln, Lincolnshire, UK
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Treasury extends deadline to sell NatWest stake

The government has granted itself an extra 12 months to sell down the taxpayers’ remaining £11.3 billion stake in NatWest as the bleak global economy depresses…