Ian Guider's Market Talk

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

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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