Monday, December 28, 2009

VAT is not the reason that people are shopping !

The Economists have it wrong again!
Do they honestly believe that saving Stg 2.1/2 for every Stg 100 spent is making shoppers go out in their droves before the rise of VAT from 1/1/10.

I don't think so.

It's because people are not spending on expensive holidays etc and saving their money that they see bargains and a way of saving hundreds of pounds with the discounts at 50-75%.

My wife saves hundreds of pounds a year by buying birthday presents and next years Xmas presents in the sales not only after Xmas but in mid-year as well.

After this recent credit crunch customers have realized that to buy decent gifts after Xmas is a huge saving!!!

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