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December Retail Figures - Down 0.8%

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http://www.bloomberg.com/news/2011-01-21/u-k-retail-sales-have-record-december-drop-as-snow-prices-daunt-shoppers.html

That's strange, I could have sworn that the television news channels were, at the time, full of interviews with retailers saying what a wonderful December they were having.

I remember that too..

They were saying something along the lines of 'shop till you drop, spend all your cash, get into debt - it'll all make Britain richer!' :blink:

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December high street sales - Down 0.8%, making it the worst December on record.

I must confess that an 0.8% fall didn't seem like a lot to get worked up about, until I read this bit

"Sales fell 0.8 percent from the previous month".

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I remember that too..

They were saying something along the lines of 'shop till you drop, spend all your cash, get into debt - it'll all make Britain China richer!' :blink:

Fixed that one for you.

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The snow was genuinely pretty disastrous, though. Loads of people couldn't get to work for days at a time, and in places like Edinburgh and other parts of Scotland everything pretty much shut down for extended periods.

This time, the bad weather is a pretty decent excuse for poor economic performance.

i don't see how you can say that it caused house prices to drop, though....

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The snow was genuinely pretty disastrous, though. Loads of people couldn't get to work for days at a time

They seemed able to buy plenty of bread and milk though.

149964_1.jpg

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Ah yes, that will all be blamed on the snow. Actually, this is the first time that excuse might have some credibility...

Except it was also an all time high for online sale.

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The snow was genuinely pretty disastrous, though. Loads of people couldn't get to work for days at a time, and in places like Edinburgh and other parts of Scotland everything pretty much shut down for extended periods.

This time, the bad weather is a pretty decent excuse for poor economic performance.

i don't see how you can say that it caused house prices to drop, though....

Meh. The roads were cleared here after a couple of days. Folks in Edinburgh must be getting soft. Too close to England, you see.

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Meh. The roads were cleared here after a couple of days. Folks in Edinburgh must be getting soft. Too close to England, you see.

It might help if you said where you live.

The post was disrupted up until mid-January, so there was a genuine issue with goods travelling by road.

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But I thought people were going mad after christmas to beat the VAT increase? Maybe the snow stopped that too.

The snow stopped the VAT increase...?

I'll crawl back under my rock before I'm kicked there.

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Wandered through House of Fraser yesterday (its en route to the loo). Desperation in the tat department, with crockery and utensils dropped in price by half. Additional clothes rails, dumped in aisles making it difficult to walk through.

But prices are still far too high, for "premium" tat made in China. Need a new omelette gillet and cheese grater but not paying £20 or £12 for it, so left without buying.

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Wandered through House of Fraser yesterday (its en route to the loo). Desperation in the tat department, with crockery and utensils dropped in price by half. Additional clothes rails, dumped in aisles making it difficult to walk through.

But prices are still far too high, for "premium" tat made in China. Need a new omelette gillet and cheese grater but not paying £20 or £12 for it, so left without buying.

Question is - did you get lost in the womens lingerie dept again?

I blame it on the (realthing) "slow boats from China"

Coz of collapse in World shipping the ship owners have ordered all tankers/ships to run at 1/3-1/4 normal speed which means containers now take as long as the old C19th sailing clippers did to get here!

Edited by erranta

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The bbc presenter when waiting to announce the figures said that " we are just waiting to see how badly the snow affected sales" :lol:

What about 'we are just waiting to see how people having no so**ing money affected sales'..

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Wandered through House of Fraser yesterday (its en route to the loo). Desperation in the tat department, with crockery and utensils dropped in price by half. Additional clothes rails, dumped in aisles making it difficult to walk through.

But prices are still far too high, for "premium" tat made in China. Need a new omelette gillet and cheese grater but not paying £20 or £12 for it, so left without buying.

How many plates and panini pressers does one person want/need?

“The bad weather disrupted a lot of consumption,” Philip Rush, an economist at Nomura International Plc in London, said before the report. “The consumer is especially hard pressed at the moment, with the brisk rate of inflation creating a further painful headwind.”

So our recovery is reliant on consumption.....keep on spending, your future security depends on you spending more. :huh:

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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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