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Household finances in UK weaken as jobs gloom takes hold

Household finances in the UK fell more sharply in August than the previous month after rising levels of unemployment hit average incomes and persuaded millions of families to cut back on spending.

Household finances in UK weaken as jobs gloom takes hold
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The IHS Markit UK household finance index was down following steady increases through May, June and July as households, which had become less pessimistic during those three months, became gloomier about their personal finances.

Read more at the Guardian

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