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The spending power of black consumers is £300 billion in the UK.
Daniel Lister, Founder of My Black Market, says that the Black community spends 95% of its money outside of the community. Of the remaining 5% that is spent within the community, 3% goes to non-Black owned businesses. This, he says, leaves us with only 2% of our income; and nobody can live off 2% of their income.
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