Sept retail sales +0.6%

geneer

Whats 0.6% of "very bad"

Really2

Crikey! Wrong type of skint people again.

MrRee_2

It's looking good ... this is the start of the long climb back.

People are spending - of that I witnessed last weekend in our Shopping Centre.

Mortgage applications are up, house sales up.

"It's not as bad as we thought" is what I hear around here.

Great news for UK plc!

Let's not knock it!

the_flying_pig

Quick, buy a house!

FTBFun

shortchanged wrote: »

Yes. Retail sales down by 0.5%.

Sources: (Open Your Eyes and Look Around (OYELA), Wake Up and Smell the Coffee (WUSC), No Spin and Bull (NSB) & The Only Real Yet Supressed Household Income Theory (TORYSHIT)).

Thought not.

geneer

A strange one.

I can't imagine anyone much cares about this statistic. Indeed it would be good to see the economy recovering.

I'd suggest that people take exception to the inference by certain posters that suggests this mean everythings all well and good.
A laughable notion.

doire_2

HAMISH_MCTAVISH wrote: »

Yet just across the road.....

Department store group Debenhams has reported a rise in full year profits and confirmed plans to open new stores.



Still, it's probably just the "plenty more Sales" that are boosting their numbers, as the high street is "struggling".



Oh dear indeed....

Debenhams reports a profit? So what? That means the rest of the high street are OK too? What about "Boarded up Britain"?

Its so bad the goverment have drafted in Mary Portas!

The same way the recession isnt that bad because restaurants in aberdeen are busy?

MrRee_2

That is true - buy a house ... so many reasons to jump in now:-

1. House prices are at the bottom.

2. Cash isn't safe in the banks.

3. Mortgage rates at their lowest for generations.

4. Rents are climbing fatser than inflation.

5. You need somewhere to live.

6. They simply are not making land anymore.

7. Who wants to buy someone elses house for them?

8. Renting means that, in 30 years time, you will still be paying rent at the equivalent of todays rents ... when those who had bought had been debt free and rent/mortgage free for at least 10 years before!

9. Do it, you know it makes sense.

10. Don't buy any cottages by the sea, as that's where I want to buy and want prices to collapse there!

doire_2

MrRee wrote: »

That is true - buy a house ... so many reasons to jump in now:-

1. House prices are at the bottom. Everywhere?

2. Cash isn't safe in the banks. Too many bank robbers?

3. Mortgage rates at their lowest for generations. FTB cant get one

4. Rents are climbing fatser than inflation. Stop generalising

5. You need somewhere to live. Buy a tent

6. They simply are not making land anymore. Where do they make land? in Factories?

7. Who wants to buy someone elses house for them? Germans

8. Renting means that, in 30 years time, you will still be paying rent at the equivalent of todays rents ... when those who had bought had been debt free and rent/mortgage free for at least 10 years before! Of course it does because no-one ever dies, looses jobs etc when they have bought

9. Do it, you know it makes sense. You never make sense Sibley

10. Don't buy any cottages by the sea, as that's where I want to buy and want prices to collapse there! Dont fall off any cliffs eh?

..........................

shortchanged_2

FTBFun wrote: »

Thought not.

Hang on FTBFun. Give me an hour to look through all the UK economic data.