Friday, November 30, 2007
Not so many people spending money on ‘their’ property
B&Q's profit blues
The DIY giant also admitted higher interest rates and the housing slowdown were taking their toll.B&Q's profits fell nearly £9million to £38m in the three months to November.
2 thoughts on “Not so many people spending money on ‘their’ property”
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magnifico says:
The first effect of a HP slowdown would be the “decorative state” factor becoming less and less important.
I’m selling my house in the new year and am not making any efforts to tart it up. No money from me B&Q.
enuii says:
I think that Joe Public is getting bored with pimping ‘n’ tarting property as its soooo yesterday now that there is no money in it.