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The UK's preliminary Q4 2010 real GDP figures reveal a 0.5% contraction from the previous quarter signalling a faltering economic recovery. The economy will remain under pressure in 2011 as consumers in particular face a difficult year as the effects of government austerity measures take hold, while rising inflation is squeezing disposable incomes across the board.

Read more about the UK economy
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Major differences remain in Internet access and usage around the world – the so called “digital divide”. Consumers in developed countries remain generally much better connected, particularly for broadband, than those in developing countries, but growth rates are much higher in the latter. This has broad economic implications, for instance on consumer spending habits and business opportunities, as well as social, political and cultural consequences.

Read more about the global digital divide
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With the financial crisis, information technology, environmental awareness and social atomisation all reshaping consumer tastes, retailers are responding with a variety of new strategies, ranging from building communities to creating pop-up shops.

Read more about the changing consumer landscape

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