Most Think We’re in Recession Now

9 06 2008

Org: British Retail Consortium (BRC) (source)

Sainbury’s ‘pint of milk in a bag’ has done ok today (p9 Times, p26 Mirror), although I think it’s fair to say this would’ve done better had it been a real first – Waitrose launched the same thing in 2001.

Elsewhere the biggest story of the day comes from the BRC. Two thirds of us now beleive we’re in recession, according to their barometer.  There’s some nice breakdown’s but the bottom line is clear – consumer confidence is at the biggest low in years.

http://business.timesonline.co.uk/tol/business/economics/article4092431.ece

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