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This week we have seen poor data for the pound and this continued yesterday when we saw worse than expected retail figures. These figures showed no growth year on year and backs up all the other evidence of poor growth, high inflation and higher unemployment. I expect to see this trend of poor data continue as we have the Nationwide release of UK consumer confidence on Monday. With all of this poor data I find it very hard to beleive consumer confidence will have increased and with public sector strikes planned for later this year it is looking very bleak for the UK.