Monday 29 March 2010

Every silver lining has a cloud

Extraordinary! Today's Times has a "Business briefing" on the retail sector that's awash with doom and self pity. No recovery in consumer spending until 2011, that sort of thing.

Yet just last week it was reported that retail sales rose 2% in February, the best increase for any month since May 2008, and are 3.5% higher than a year ago. See the Telegraph's coverage here for example.

It's well known that retailers are right up there with farmers and estate agents in their willingness to moan about absolutely everything, but this really does take the biscuit.

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