Carpetright's Harris says trading is worst ever - Business News, Business - The Independent
I think this tells us a lot about the state of the property market.
Carpetright's chief executive, the veteran Lord Harris of Peckham, said yesterday that trading conditions were the worst he had seen in more than 50 years in business.
Lord Harris said he was preparing for two more years of tough times as Carpetright cancelled its final dividend. "It's very tough out there," he said. "It's the toughest I've known since I've been in the business."
Lord Harris said he was preparing for two more years of tough times as Carpetright cancelled its final dividend. "It's very tough out there," he said. "It's the toughest I've known since I've been in the business."
I think this tells us a lot about the state of the property market.
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