VAT Goes Up And The Shoppers Slip Away
Published: 7 January 2011 By MoneyhighStreet Staff Leave a Comment
I had to pop into Argos yesterday. It’s on one of those out of town retail parks surrounded by loads of other large retail outlets.
Having been there a couple of times over the Christmas period, struggling to find a car parking space, battling my way to the tills, yesterday was like a ghost town in comparison.
I wandered into Argos, and went straight to the till to pick up the item I had reserved via ther website. Only one other customer was in the entire shop.
“It seems quiet”, I said to the girl on the till. “Yep, been like that all day”, she said.
OK it was a Thursday with dismal weather, and people have gone back to work after a long Christmas break.
But where were all the shoppers? Apparently it been very quiet like that all week.
The week in which VAT went up 2.5% to 20%.
