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Squeezed middle 'does not actually exist'

Entrepreneur and former TV dragon Theo Paphitis talks up the UK economy as he reckons that consumers are spending, and they have got confidence in the economy.

The boss of the Ryman and Robert Dyas chains claimed that talk of the squeezed middle was "a load of political clap trap" and pure electioneering.

And he called on my politicians to start focusing on the people at the bottom.

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