Originally posted by original PM
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Reply to: ATW Brexit Doom
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Previously on "ATW Brexit Doom"
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Originally posted by northernladyuk View PostYou failed your 11 plus exam.
Anyway not sure that would have affected the economy either way tbh.
Any other ideas?
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Originally posted by original PM View PostWe 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?
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Originally posted by northernladyuk View PostRetail sales generally are looking poor.
But the great news is that people are spending more at petrol stations.
What happened in April 2013?
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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"
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.”
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"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"
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Originally posted by AtW View PostGetting AMG cock extension tomorrow
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Originally posted by AtW View PostGetting AMG sofa tommorrow
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Originally posted by BrilloPad View PostSo next time his sofa is covered in squirrel bodily fluids that won't clean off he will have to live with them?
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So next time his sofa is covered in squirrel bodily fluids that won't clean off he will have to live with them?
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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 squeezeTags: None
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