The current state of the UK economy

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... nonetheless, it remains a weak sector of the economy. The tertiary sector is the complete opposite -- it is growing rapidly, particularly in November of last year despite higher costs in the tertiary industries. Consumer credit in the UK rose by 9.4% (£1.5 billion) in October. This, coupled with the falling prices on the high street, has resulted in the high retail sales and performance.

The excellent performance in the UK's tertiary sector has also had another effect on the economy. Due to the higher earnings i ...

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