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José Ruiz Varela, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
(RTTNews) - A majority of British retailers forecast a fall in sales next year, according to British Retail Consortium. Weak consumer demand and inflationary pressures are their biggest concerns for the New Year. Despite these fears, they plan to go on investing and creating jobs.Nearly two-third of retailers responding to the British Retail Consortium's Retail Prospects for 2011 snapshot survey, published on Monday, showed that they expect retail sales to worsen compared with 2010. About 18% expect an improvement.The survey found that 47% of retailers expect to create jobs in 2011, while 24% expect to employ fewer people.
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Majority Of British Retailers Expect Sales To Worsen In 2011
(RTTNews) - A majority of British retailers forecast a fall in sales next year, according to British Retail Consortium. Weak consumer demand and inflationary pressures are their biggest concerns for the New Year. Despite these fears, they plan to go on investing and creating jobs.
Nearly two-third of retailers responding to the British Retail Consortium's Retail Prospects for 2011 snapshot survey, published on Monday, showed that they expect retail sales to worsen compared with 2010. About 18% expect an improvement.
The survey found that 47% of retailers expect to create jobs in 2011, while 24% expect to employ fewer people.
"Despite the combination of snow and concerns about their money and job prospects, most customers were still determined to buy the things they wanted for Christmas and did seize the opportunities they had to shop," said BRC Director General Stephen Robertson.
Retailers see a difficult December to be followed by a tough 2011, said Robertson. They believe the increase in Value Added Tax will contribute to higher prices and, with fears about government cuts and the wider economy, people will put off spending.
Robertson said retailers want to go on delivering the economic growth the country needs at a time of public sector cuts. "But politicians must help them by rowing- back on costly regulation."
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