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ATW Brexit Doom

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    ATW Brexit Doom

    http://www.theguardian.com/business/...t-uk-consumers

    DFS warns over profits amid election and Brexit uncertainty
    Sofa retailer’s shares slide by more than a fifth as it forecasts fall in demand due to consumer spending squeeze

    #2
    So next time his sofa is covered in squirrel bodily fluids that won't clean off he will have to live with them?

    Comment


      #3
      Originally posted by BrilloPad View Post
      So next time his sofa is covered in squirrel bodily fluids that won't clean off he will have to live with them?
      He'll just have to scrap them off for a bit of extra kebab sauce.

      Comment


        #4
        Getting AMG sofa tommorrow

        Comment


          #5
          Originally posted by AtW View Post
          Getting AMG sofa tommorrow
          Don't write it off on the way home from the shop.

          Comment


            #6
            Originally posted by AtW View Post
            Getting AMG cock extension tomorrow
            FTFY (and the spelling of tomorrow)

            Comment


              #7
              "Furniture is seen as a “big ticket” discretionary item, and the profit warning will add to evidence that Britons are facing an increasingly tight squeeze on their spending power"

              Comment


                #8
                Originally posted by AtW View Post
                "Furniture is seen as a “big ticket” discretionary item, and the profit warning will add to evidence that Britons are facing an increasingly tight squeeze on their spending power"

                Retail sales generally are looking poor.

                UK retail sales slide as inflation hits spending

                Breaking: Retail sales volumes across the UK plunged by 1.2% in May as inflation bites deeper into household budgets.

                This is a deeper fall than the 0.8% decline expected, and will fuel worries that the UK economy is faltering.

                It means that retail sales were only 0.9% higher than a year ago - the weakest rise since April 2013!

                The Office for National Statistic blames rising prices (inflation jumped to 2.9% in May).

                Ole Black, ONS Senior Statistician says:

                “The year-on-year growth in the quantity bought for retail sales in May 2017 was at 0.9%. We have not seen lower growth on the year since April 2013. Increased retail prices across all sectors seem to be a significant factor in slowing growth.”
                But the great news is that people are spending more at petrol stations.

                Comment


                  #9
                  Originally posted by northernladyuk View Post
                  Retail sales generally are looking poor.



                  But the great news is that people are spending more at petrol stations.
                  We have not seen lower growth on the year since April 2013. Increased retail prices across all sectors seem to be a significant factor in slowing growth.”

                  What happened in April 2013?

                  Comment


                    #10
                    Originally posted by original PM View Post
                    We have not seen lower growth on the year since April 2013. Increased retail prices across all sectors seem to be a significant factor in slowing growth.”

                    What happened in April 2013?
                    You failed your 11 plus exam.

                    Comment

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