Please enter your email here
Vietnam Property - Government Stimulus PackageA $1 billion stimulus package is to be introduced by the Vietnamese government to boost the...
Middle East Property - Abu Dhabi Remains ConfidentWhilst Dubai's property market suffers from its market slowdown, rising job losses and falling...
France Property - Sarkozy Announces Rescue PackageThe French government is preparing a rescue package for France's property industry. President...
Middle East Property - Job losses in DubaiJob losses in Dubai continue as the global credit crisis takes its hold. Developers are recording...
Morocco Property - Investment SlowingMorocco has been a growing market dominated primarily by tourism. But the property market is now...
China Property - Market Recovery Expected?China's property market is expected to recover in the second half of 2009. Analysts claim that the...
UK Property - Rents FallingThe UK residential market is suffering from falling rentals as home owners place their 'failed'...
UK Property - Market OutlookDespite huge interest rate cuts at the end of last week, the UK property market has a poor outlook....
South Africa Property - Large Development To Go AheadDurban in South Africa is to receive the country's first international theme park including villas,...
‹ Go back
UK high street sales have fallen lower than expected in October. Following September's drop of 0.4%, it was predicted that October would see a fall of 0.9%. But figures from the Office for National statistics have shown only a drop of 0.1%.
A number of retailers are now holding sales before Christmas in order to boost spending. Whilst food sales rose by 1% in October, non food sales dropped by 1.1%, with household goods falling 1.5%, along with a 3.4% fall in clothing sales.
It is believed that some consumers will wait for the sales to buy goods that they would have paid full prices for, cutting profits rather than boosting them.
As a number of retailers come under heavy pressure this Christmas, Woolworths has taken huge loses and is believed to be in talks to sell its 800+ stores for only £1.
UK Retail Sales Down
UK high street sales have fallen lower than expected in October. Following September's drop of 0.4%, it was predicted that October would see a fall of 0.9%. But figures from the Office for National statistics have shown only a drop of 0.1%.
A number of retailers are now holding sales before Christmas in order to boost spending. Whilst food sales rose by 1% in October, non food sales dropped by 1.1%, with household goods falling 1.5%, along with a 3.4% fall in clothing sales.
It is believed that some consumers will wait for the sales to buy goods that they would have paid full prices for, cutting profits rather than boosting them.
As a number of retailers come under heavy pressure this Christmas, Woolworths has taken huge loses and is believed to be in talks to sell its 800+ stores for only £1.
Nazare, Portugal
• Below market value
• 9% Rental Yields
• Instant equity
• Boutique Town Centre Development
• Strong potential for Capital Appreciation
... View All Our Properties
The Pre-Budget Report
As Chancellor Alistair Darling unveils how the government will undertake the UK economic recovery,...
A week of turmoil?
Over the course of this week, we have seen a dramatic turn of events in the financial markets. The...
Buffet Boosts Goldman Sachs
News came yesterday that billionaire Warren Buffet’s Berkshire Hathaway Inc. has invested $5...
Will the UK mortgage market feel the effects of the HBOS takeover?
The announcement of the Lloyd's Bank takeover of HBOS may result in a further reduction in mortgage...
As Chancellor Alistair Darling unveils how the government will undertake the UK economic recovery,...
A week of turmoil?
Over the course of this week, we have seen a dramatic turn of events in the financial markets. The...
Buffet Boosts Goldman Sachs
News came yesterday that billionaire Warren Buffet’s Berkshire Hathaway Inc. has invested $5...
Will the UK mortgage market feel the effects of the HBOS takeover?
The announcement of the Lloyd's Bank takeover of HBOS may result in a further reduction in mortgage...
Store Closures For Woolworths
Administrators at Woolworths have given details of dates when each of the 807 stores will close...
Jaguar Land Rover To Receive Millions
Tata Motors, owner of Jaguar Land Rover, is to inject tens of millions of pounds into the British...
UK Consumer Confidence Improves
UK consumer confidence has risen suggesting cuts to VAT and interest rates are now working....
No Growth for Japan in 2009
Japan's government has predicted no growth in the country's economy until March 2010. This follows...
Dollar and Sterling Decline
Both the dollar and the pound have weakened with news of further interest rate cuts. The dollar is...
UK Mortgage Arrears To Rise
Mortgage lenders are predicting the recession will lead to a significant rise in arrears in 2009....
Disclaimer. Copyright © 2007 Packaged Property Investments Ltd. All rights reserved.