Thursday, November 15, 2012
Affordability will also affect house prices
UK retail sales fell 0.8% in October
"UK retail sales fell by more than expected in October as shoppers cut back on food and clothing purchases, official data shows". "In October, sales of clothes and shoes fell 2.3% on the month. Food stores reported the biggest monthly decline in sales since November 2011",
Posted by alan @ 08:03 PM (1483 views)
2 thoughts on “Affordability will also affect house prices”
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libertas says:
Get rid of VAT, at least raise the threshold to say, £250,000 turnover, even if you breach the threshold, and suddenly sales will boom.
alan says:
Lib @ 1,
Yes, but how does the government get the revenue to pay all those civil servants and unmarried mums (not to mention bank bailouts or MP’s expenses)?
Even if sales boom, the ebay (and Starbucks and Amazon) profits will be filtered off to the Netherlands, Ireland etc., etc