United Kingdom


PRESS DIGEST- British Business - Dec 11

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

UK consumer spending slows in run-up to Brexit - industry data

British consumer spending grew last month at its slowest pace in more than a year, excluding Easter distortions, with online Black Friday sales failing to offset a lack of confidence about the economy ahead of Brexit, industry data showed on Tuesday. Total retail spending was up 0.5 percent in November compared with the same month last year, slowing sharply from a rise of 1.3 percent in October, the British Retail Consortium said. "Weak

WRAPUP 4-U.S. third-quarter growth unrevised, headwinds increasing

The U.S. economy slowed in the third quarter as previously reported, but the pace was likely strong enough to keep growth on track to hit the Trump administration's 3 percent target this year, even as momentum appears to have moderated further early in the fourth quarter.

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