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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Surprise retail sales growth, NatWest profits surge

Retail sales figures showed a surprise improvement on Friday as the UK economy continues to defy expectations at the start of 2023.

The Office for National Statistics reported growth in volumes of 0.5% in January, which compares with City expectations for a 0.3% decline and the previous month’s 1% fall.

Meanwhile, NatWest said it delivered a strong performance in 2022 after pre-tax profits rose by more than a third to £5.1 billion.

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