Friday, November 12

Dixons boss: Don't worry about a double-dip

Extract . . .

Lots of doom-mongers have been warning lately about the possibility of the UK slipping back into recession - the dreaded double-dip. So it's both refreshing and reassuring to hear a contrary view from a big retailer: John Browett, the boss of Currys and PC World owner DSG, says that he's 'not in the double-dip school', after reporting solid sales from the high street. On the other hand, he also said the company was 'not seeing the demand you'd see in a normal economy' either - so we shouldn't get too excited...

Read more here

http://www.managementtoday.co.uk/bulletin/mtdailybulletin/article/1026115/dixons-boss-dont-worry-double-dip/

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