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Vanishing Jobs and Empty Offices Plague Britain’s Retailers
Businesses that are critical to the economic recovery say they are struggling to navigate the next stage of the pandemic.
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Spending by shoppers, drinkers and diners is vital to Britain’s effort to emerge from its deepest recession for three centuries.
News last week that retail sales rebounded by more than forecast in July stood out against a backdrop of unprecedented job cuts at Marks & Spencer Group Plc, a report that consumer confidence remains in the doldrums and the prospect of more local lockdowns after a spike in infections.