Rarely can a Budget have disintegrated so quickly. Dixons have just announced sales falling by 11% over the last 11 weeks, and are now cutting capital expenditure by 25%. Oddbins goes bankrupt. The former Asda boss has predicted a “long-term trend of trading down”. HMV has just issued its thrid profits warning in 3 months: […]
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Left Futures is a new Labour Left network. If you want to get involved as a contributor, please contact James Elliott, using the form on this page. Header images: Wind farm [credit]. Balloons [credit] and crowd scene [credit].
