BGN Entrepreneur

Tow of the UK’s biggest retailers have surprised the City by sushing out upbeat trading statements, surggesting that the consumer economy is not as frail as some observers have suggested.
Next, the clothing chain, and Wm Morrison, the supermarket, both announced that recent trading ahd been far better than expected, causing analysts to upgrade their full-year [...]

Offical figures released on Friday are tipped to confirm that the UK economy shrank by 1.5% in the first quarter of 2009, nearly matching the steep 1.6% drop in GDP in the final three months of 2008.
Meanwhile, official figures due out before the Budget on Wednesday are tipped to indicate that public sector borrowing was [...]

The tightening credit conditions and rising unemployment contributed to a stunning slowdown in consumers.
Almost all large retailers have trimmed their full-year forecasts after a dire festive sales period despite record-breaking discounting. Eleven of the 13 major product categories monitored by the Government fell with most down by at least 1% last month. Only retailers of [...]