The Latest News from The Profit Director

High Street hiatus

Consumers shy away from spending on clothes in the high street and instead opt for spending in bars, restaurants and cafes …..and holidays as evidence from pay awards at Next and House of Fraser reflect a slowdown in consumer spending on the high street. read more

Spend spend spend

Household savings rates are falling fast as the spend spend spend culture continues in consumer thinking.Savings as a proportion of household income have dropped noticeably since the end of last year as consumers continue tp make the most of low mortgage rates and... read more

Mixed messages

Whilst consumers maintained their spending after the Brexit vote there have been signs that consumers are becoming more cautious.Inflation is rising fuelled in part by the fall in the pound, rising prices are diminishing the value of the pound in the consumers... read more

“Profit prevents inertia and encourages progress.”