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The engine that has driven the British economy since the financial crisis could soon be its 'weakest link'

Credit Suisse's Sonali Punhani argues that the UK consumer could pose the biggest downside risk to solid growth in 2018. "As inflation falls and real income rises, consumers can either increase their consumption or their savings," she writes. If consumers decide to save rather than spend, it could be bad news for the broader economy. LONDON — Britain's consumers pose the biggest downside risk to the country's economy in 2018, the UK economics team at Swiss lender Credit Suisse said in a note circulated this week.
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