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UK holiday demand may have peaked as cost-of-living squeeze hits travel spending
Guardian WorldLO·GB · ES·about 18 hours ago
UK retail sales rose 1.0% year-on-year in September, up from 0.5% in August and above consensus expectations. The acceleration suggests resilient consumer demand despite elevated rates, though the data is preliminary and subject to revision. This supports a modestly stronger UK growth outlook and may reduce near-term pressure for Bank of England easing.