Wednesday, September 12, 2007
Fears of a bloodbath on the high street
Fears of retailing bloodbath when interest rises hit home
Simon Wolfson, the chief executive of Next, said that despite a tough summer for retailers, he was “acutely aware” that millions of homeowners had still to feel the full impact of the higher cost of borrowing.
Posted by chris @ 04:31 AM (518 views)
2 thoughts on “Fears of a bloodbath on the high street”
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daft boy says:
Nothing to do with higher cost of borrowing. Consumers are just maxed out on credit. A bit like north sea fish stocks, they will need a few years to recover.
harold says:
Goodbye Mr Green – here’s hoping.