Christmas cheer will fade as New Year reality bites
By: Dean Best | 14 January 2010
A series of upbeat trading statements from UK retailers has convinced some that a recovery is well on its way. However, despite the apparent Christmas cheer, 2010 is likely to be just as challenging as 2009. Mounting public sector debt and a tight credit market will strangle consumers, while demand for value and hardening commodity prices could squeeze suppliers. Dean Best reports.
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A series of upbeat trading statements from UK retailers has convinced some that a recovery is well on its way. However, despite the apparent Christmas cheer, 2010 is likely to be just as challenging as 2009. Mounting public sector debt and a tight credit market will strangle consumers, while demand for value and hardening commodity prices could squeeze suppliers. Dean Best reports.
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