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WHAT IS YOUR OUTLOOK FOR RETAIL SALES IN 2010?

JAMES KNIGHTLEY | ING
“I think it is going to be very tough. We are concerned that real household disposable income is going to be negative this year thanks to flat wages, unemployment and higher taxes. Consumer confidence may also be slipping.”

HOWARD ARCHER | IHS GLOBAL INSIGHT
“Barring a sustained boost from England winning the World Cup, it is hard to be optimistic about the prospects for consumer spending – households face challenging conditions, only intensified by the looming fiscal squeeze.”

VICKY REDWOOD | CAPITAL ECONOMICS
“The information we have so far on high street
spending in May paints a bit of a mixed picture. We expect the tentative signs of renewed consumer caution to prevent a strong rise in the BRC survey.”