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Friday 22 September 2017

Retail sales growth boosted by clothing per BBC News through gritted teeth

Hidden away on the BBC website is this report http://www.bbc.co.uk/news/business-41330813 that will not be headline news as it runs counter to the Brexit doom and gloom narrative.

The report ends thus:

' Ben Brettell, senior economist, at stockbrokers Hargreaves Lansdown, said the willingness of consumers to spend was surprising: "The UK consumer continues to show remarkable resilience, with retail sales in August blowing economists' forecasts out of the water."

Spending has defied expectations of a slowdown since the Brexit referendum, and currently seems to be holding up despite weak wage growth and above-target inflation.

"This could bode well for economic growth - the UK economy is heavily reliant on the consumer, and economists had expected falling real incomes to eventually translate into weak retail sales. If this fails to materialise, the economy could see a stronger second half to the year."'

That sort of news must be kept away from the general public at all costs. It's really not the sort of fact that the institutionally pro EU BBC wants to report  at all.

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