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UK retail sales slide 1.9% in December: official data

Britain's consumers and businesses are holding back from spending owing to uncertainty surrounding Brexit negotiations, the country's finance minister said

British retail sales unexpectedly slumped 1.9 percent in December from the previous month, official data showed on Friday.

"The monthly picture... shows that all main retail sectors saw a decrease in the quantity bought, with the largest downwards contribution coming from non-food stores," the Office for National Statistics said in a statement. Analysts' consensus forecast had been for a dip of 0.1 percent.