Thursday August 13, 2020

Ian Guider's Market Talk

Brexit? No fear on this side of the Irish Sea, but British retailers are feeling the chill

Ian Guider

Markets Editor

@ianguider
8th January, 2017
Fashion retailer Next, which relies on Britain for 95 per cent of its sales, issued a profit warning last week

There will be a little bit of a sigh of relief that the pre-Christmas data on the economy turned out to be just about decent enough. As I wrote last week, there was a big fear in government circles that retail sales would collapse in the run-up to Christmas.

The Department of Finance did see Vat fall well below target (it came in almost €340 million below forecast in 2016), although the department was at...

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