A Fool and His Money

To no suprise a profit warning has been issued by a number of Uks largest retailers such as Currys. This is the highest level of warnings in the 1st quater since 2001. There is an 11% increase of these warning compared to the same period in 2007.

All this is because consumers are worried about cutting back on their spending due to their mortgages. Consumers are warned to hold on tight this year as they are soon to feel the effects of the credit crunch.

For some reason i can just imagine walking into PCWorld (which is part of the DSG retail group) to find a load of dribbling sales people starring at you, wanting to sell you anything they can. Even themselves.

Related Information:
Need Mini Loaders ? There are a selection of mini loaders online!

Tags: General // Add Comment »