TruemorsUK retail sales falling, consumers cut spending (05Apr11)
UK retail sales falling, consumers cut spending (05Apr11)
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Title: UK retail sales falling, consumers cut spending (05Apr11)
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Created: Mon, 04/11/2011 - 11:54pm
Modified: Mon, 04/11/2011 - 11:54pm
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at 00:12 on April 12th, 2011
Pressure on retail is enormous. High rents mostly which were set 10 years ago in the height of the retail boom, rising business rates, electric, gas, fuel and taxes and at the same time less customers due to rising VAT and higher taxes.