Sunday, Dec 03, 2006

Cash-Strapped Britain??

BBC News: BRC warns on weak Christmas trade

High-street chains nervous about a possible poor turn-out for Xmas trading.

Posted by nearly30 @ 06:58 PM (2655 views)
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1. nearly30 said...

Well it's the weekend after the last pay day before Xmas.

Is anyone in the mood for buying?

Is there a credit/cash flow problem rearing its head?

I myself have told people not to expect much from me this Xmas - well I say that every year as I'm a tight g*t!!!

Sunday, December 3, 2006 07:01PM Report Comment

2. harold said...

Must be coming up to the MPC meeting.

Sunday, December 3, 2006 08:11PM Report Comment

3. sirgoogle said...

Hey - here come the layoffs and the forced sale of houses.

This HPC (when it comes) is going to hurt us all.

Sunday, December 3, 2006 08:42PM Report Comment

4. paul said...

I used to work in retail and I have to say that the BRC knows what it's talking about.

They are well qualified to predict the future of how much money will be spent in shops.

Sunday, December 3, 2006 11:16PM Report Comment

5. Nohpc said...

They may be well qualified but that definately does not mean they will be right. It's like the common saying for ISAs or other investments when they say past performance has no indication of future performance.

I personally think that the Christmas mad British public will as usual go spend crazy this year.

Monday, December 4, 2006 04:26AM Report Comment

6. tyrellcorporation said...

I have a pact with friends and relatives whereby we all either buy nothing or cap spending at about a tenner. It's not being tight, it's trying to maintain a sense of reality during a period which the retail industry has hijacked. I can't say the lack of 42 inch plasma displays for all has ever dented our enjoyment of Christmas and the festive period.

These stories of people jumping on planes to New York to fill suitcases with shite they don't really want and certainly don't need is absurd!

The last hoorah of an enonomy about to tank spectacularly...

Monday, December 4, 2006 08:39AM Report Comment

7. japanese uncle said...

I can afford to buy a 37 in LCD TV (albeit on eBay) now, thanks to the pennypinching while the locals were on spending spree, along with relocation to cheaper town.

Monday, December 4, 2006 10:36AM Report Comment

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