Tuesday, 12 April 2011

High Street Sales Fall

Nestled into a quiet corner of today's Toy News email was the particularly unsurprising news that High Street sales have plummeted in March. Hmm. I'm no Economics Professor but with inflation outstripping wage rises, it's a natural consequence. Retail needs people with money in their pockets and quickly. We've seen big and small name casualties and there'll be many more. Of course all this reduces tax revenue and the words 'downward spiral' spring to mind.

As I said, I'm no Economics Professor but someone who is, recently told his 3rd Year Economics class, only half in jest, that the quickest way to kick start the economy would be to treble the student grant - the one group of people that would immediately take the money and pump it straight back into circulation. Someone needs a good idea fast and its the best I've heard so far ;)

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