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Barclays Reports Sharpest Decline in Household Spending in 18 Months Across the UK
In April, households in the UK significantly reduced their spending, marking the steepest decline in 18 months, as rising tensions in the Middle East sparked concerns of a potential cost of living crisis, according to a report from Barclays, one of the nation’s largest banks. Barclays, which handles nearly 40% of the UK’s credit and…