Friday, 7 September 2012

Shop occupancy

Wrexham Plaid (complete with greengrocer's apostrophe) reports that shop occupancy in the town is up on 2009. Skewen's shopping street is noticeably more active than in the 2008 slump - I reckon that there are only one or two blank shop fronts. The MP representing Holmfirth claimed in the House of Commons this week that all the shops were fully occupied for the first time in years.

Steve Morgan, founder of Redrow, aims to take the house-builder private again because he believes the share price undervalues the company.

This confidence at the grass roots contradicts the pessimistic forecasts from on high.

Later: industrial output rose at its fastest rate for twenty-five years in July, making up for the fall in June and a touch more.

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