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Business Live with Ian King: 'Concern' for retailers as sales and shopper confidence fall

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Watch Business Live with Ian King after A closely-watched barometer of consumer confidence is warning of "concern" for retailers ahead of Christmas, as official figures for September show a steep fall in sales

Chancellor Jeremy Hunt warned of a crackdown on "public sector waste" and focus on tackling debt after official figures showed government borrowing was lower than expected last month.

Also. the cost of UK state borrowing is close to a 15-year high - levels seen only twice since the global financial crash.

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