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BofA sees moderate UK consumption growth in 2026 amid rising risks

people_culture UTC: 2026-03-06 22:00:01

UK household consumption will grow just 1.2% in 2026 as slowing incomes and elevated savings weigh on spending, BofA Securities said in a recent note, warning that four risks could push the outlook further negative. The savings rate is forecast to dip to 9.5% from 10.1% in 202...

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