January 28, 2009
High street madness
Story link: High street madness
Well, the UK economy is set to decrease around 3% this year, and the UK high street retailers have already posted disappointing figures for the December/January period, which is usually the best period for revenue figures, so I’d say its looking like a bleak 2009.
With Britain now officially in recession, how are traders on a typical High Street faring? We returned to Southampton’s Shirley High Street to ask our team of shopkeepers a key question about confidence: are you more or less optimistic about your business than you were 12 months ago?
Despite some of stalwart shop names disappearing from High Streets up and down the country in recent weeks, our panel overall remain defiantly optimistic about business prospects for 2009.