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Realistbear

Recovery At Full Strength As £500M Is Spent Online Today

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http://www.bloomberg.com/news/2010-12-06/britons-to-spend-786-million-online-in-mega-monday-splurge.html

Online shopping is set to reach an annual peak in the U.K. today as Britons splurge on Christmas gifts from “Toy Story 3” DVDs to Apple Inc. iPads, according to trade organization Interactive Media in Retail Group.
Internet spending today and yesterday will be more than
500 million pounds
($786 million), IMRG said in a statement. About two-thirds of that will be on the busier of the two days, known as “Mega Monday,” according to the researcher, which forecasts
6.4 billion pounds will be spent on the Web in December.

Have things really deteriorated here as a result of the Brown years or have we really never had it so good? The rest of the HPI-addicted world goes down and we spend spend spend.

Edited by Realistbear

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the public buying more stuff it doesn't need - making china rich in the process - excellent news

Stop worrying about trivial things. 90% LTVs are back and we're all going to be rich again, ain't life grand!

Edited by _w_

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http://www.bloomberg...ay-splurge.html

Online shopping is set to reach an annual peak in the U.K. today as Britons splurge on Christmas gifts from "Toy Story 3" DVDs to Apple Inc. iPads, according to trade organization Interactive Media in Retail Group.
Internet spending today and yesterday will be more than
500 million pounds
($786 million), IMRG said in a statement. About two-thirds of that will be on the busier of the two days, known as "Mega Monday," according to the researcher, which forecasts
6.4 billion pounds will be spent on the Web in December.

Have things really deteriorated here as a result of the Brown years or have we really never had it so good? The rest of the HPI-addicted world goes down and we spend spend spend.

I have a lot of frinds with £10k or more various credit cards ..... good luck to them ...

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It seems now that a couple of good statistics or headlines get people shouting about a recovery, the next week a couple of bad statistics and we're back heading into the second dip. Anyone else notice this - two weeks ago the media were all gloom and doom again, now they've gone all bullish again?

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Im sure we're no different than anyone else. Splurged big time on non essentials like warm coats, snow boots, base layers and winter tyres/chains. Online prices tend to be the best!

Had 6 inches of snow fall in the last 2 hours. I reckon the bad weather has alot to do with this activity.

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People are spending money online because there aren't any actual physical shops left to buy it in.

I live near Brighton and will only travel into that town if I can't buy whatever it is online. Parking is expensive and the predators (Parking Wardens) are always out looking for the next victim. Tescos and Costco is fine as they have free parking but anything else is bought from Amazon, etc.

People are spending at record levels because we are the wealthiest people on the planet. We have a bottomless pit from which to draw from and the Bond market does not bat an eyelid as we have it all undercontrol. Unlike the EU and the US.

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People are spending money online because there aren't any actual physical shops left to buy it in.

No, people are spending online because shops are just places you go to look at stuff if you really want to see the actual item and not just a picture of it.....before buying it much cheaper on the internet

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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