UK July retail sales hit a 14-month high while government borrowing posted a record deficit for the month. Alan Clarke from BNP Paribas said it was encouraging for the bond market that there was the dissent among Bank of England members, as it suggests the BoE can increase its quantitative easing program again.
Topics:
Currencies | Europe (West) | Politics and Government | Stock Market | TreasuriesBanks
Sectors:
| Retail
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