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EconomicsIndicatorsWhat Recession? UK Consumers and Businesses Signal OptimismCard spending data and investment intentions remain resilientStronger demand could keep up pressure on BOE to hikeByTom Rees and Lucy White+FollowJanuary 14, 2023, 9:00 AM UTCFollow us at @BloombergUK and on Facebook, and wrap up your day with The Readout newsletter with Allegra Stratton.Britain is weathering the worst cost-of-living squeeze in memory better than indicated by dire projections for a catastrophic recession.