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News 2026-09-18 08:12 UTC

Sterling ticks up after UK retail sales beat expectations

LONDON, Sept 18 (Reuters) — The pound rose slightly on Friday after figures showed UK retail sales unexpectedly rose in August, continuing a string of recent upbeat data that has increased pressure on the Bank of England to hike interest rates. Retail sales volumes rose 0.5% from July, beating economists' forecasts in