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Economy Headlines

BoE 2019 rate hike bets cut further, money markets signal

Money markets on Friday were pricing in even less chance of a Bank of England rate rise in 2019 than on Thursday, with investors dialing back expectations of monetary tightening as Prime Minister Theresa May battles to salvage her Brexit deal.

UK consumer spending sags in October - Visa

British consumers reined in spending last month, payments company Visa said on Tuesday, adding to signs that the economy is on track for slower growth in the final months of this year.

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