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Realistbear

Retail & Wholesale Crash--biggest Drop In 3.5 Years

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http://business.timesonline.co.uk/tol/busi...icle2015687.ece

From Times Online
July 2, 2007
Rates will rise despite plummeting sales
The gloomy figures were the latest in a slew of data suggesting that higher base rates are starting to bite
Gary Duncan, Economics Editor
A further rise in interest rates on Thursday remains odds-on, City economists said today, despite fresh evidence that four increases in borrowing costs since last August are starting to sap consumer demand.
Output across retailing and wholesaling tumbled by 1.6 per cent in April, in the
sharpest plunge suffered by the distribution sector in almost three-and-a-half years,
official figures showed this morning.

Could Gordon's miracle be at an end?

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http://business.timesonline.co.uk/tol/busi...icle2015687.ece
From Times Online
July 2, 2007
Rates will rise despite plummeting sales
The gloomy figures were the latest in a slew of data suggesting that higher base rates are starting to bite
Gary Duncan, Economics Editor
A further rise in interest rates on Thursday remains odds-on, City economists said today, despite fresh evidence that four increases in borrowing costs since last August are starting to sap consumer demand.
Output across retailing and wholesaling tumbled by 1.6 per cent in April, in the
sharpest plunge suffered by the distribution sector in almost three-and-a-half years,
official figures showed this morning.

Could Gordon's miracle be at an end?

blah blah please dont put rates up, times are 'ard blah blah

thursday noon : HOLD

12.01pm Yipee!! never had it so good, high street is booming blah blah

<sigh> wish I wos clever enough to be on the MPC </sigh>

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http://business.timesonline.co.uk/tol/busi...icle2015687.ece
From Times Online
July 2, 2007
Rates will rise despite plummeting sales
The gloomy figures were the latest in a slew of data suggesting that higher base rates are starting to bite
Gary Duncan, Economics Editor
A further rise in interest rates on Thursday remains odds-on, City economists said today, despite fresh evidence that four increases in borrowing costs since last August are starting to sap consumer demand.
Output across retailing and wholesaling tumbled by 1.6 per cent in April, in the
sharpest plunge suffered by the distribution sector in almost three-and-a-half years,
official figures showed this morning.

Could Gordon's miracle be at an end?

"tumbled by 1.6 per cent"? :rolleyes:

I think a more appropriate analogy would be "scuffed its shoe slightly by 1.6 per cent" :P

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