Christmas Party on Britain’s High Streets

Britain’s high street retailers enjoyed one of their best ever Christmases “despite Brexit“, a snowstorm of positive trading reports reveal. Marks and Spencer group sales were up 5.9% in the 13 weeks to the end of December, with a 2.3% uptick in like-for-like sales by its previously struggling clothing line (smashing a gloomy 0.5% estimate). Sainsburys had a Christmas cracker with more than £1 billion in sales. Lidl reported yuletide sales growth of 10%. Online clothing firm Asos reported sales were up 36%. The FT writes:

“It’s such a disappointment for the gloomsters. The plunge in sterling after the June vote was going to produce a surge tide of inflation to overwhelm static pay packets. Shoppers would be reduced to window-shoppers and, even though we never believed George Osborne’s silly pre-referendum scare stories, a bleak midwinter loomed for the high street. It hasn’t turned out that way.”

How will Christmas be different after Brexit? No Brussels… 




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

George Osborne’s Evening Standard leader on Leave voters:

“Now, like a duped drunk in a strip bar, voters find that, far from getting their hands on the goodies, they have been left with a large bill.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Clegg Spinning Brexit Doom Report Clegg Spinning Brexit Doom Report
Sunday Shows Sunday Shows
Taxpayers’ Alliance Updates Iconic Tory Poster Taxpayers’ Alliance Updates Iconic Tory Poster
Liar Clegg Brillo’d Liar Clegg Brillo’d
Just 22% Still Support Remain Just 22% Still Support Remain
McDonnell Denies Being Marxist McDonnell Denies Being Marxist
Tories Fundraising on Brussels Bluster Tories Fundraising on Brussels Bluster
Appeal on Behalf of the Friends of George Miller Appeal on Behalf of the Friends of George Miller
Public Still Not Sure What Labour and Lib Dems Believe on Brexit Public Still Not Sure What Labour and Lib Dems Believe on Brexit
Triggered: Article 50 Triggered: Article 50
“St Patrick was an Immigrant” “St Patrick was an Immigrant”
FLASHBACK: Labour Election Fraud FLASHBACK: Labour Election Fraud
FLASHBACK: LibDem Election Fraud FLASHBACK: LibDem Election Fraud
Pictured: Hammond’s Red Box Pictured: Hammond’s Red Box
Major and Cameron Lunched Yesterday Major and Cameron Lunched Yesterday
Bloomberg Thinks Bankers Bluffing About Brexodus Bloomberg Thinks Bankers Bluffing About Brexodus
Amazon Outage Amazon Outage