LONDON (Thomson Financial) – The pound was given a sharp boost by economic data which showed UK consumer spending is not falling as rapidly as feared and that industry’s producer prices continue to hit new records. The data reminded investors that the strong euro and record commodity prices are now causing trouble in the much-praised manufacturing sector, which has so far been more resilient than the financial sector — where confidence has been hit by the credit crisis. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. The content on this site, including news, quotes, data and other information, is provided by Thomson Financial News and its third party content providers for your personal information only, and neither Thomson Financial News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. read more
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