{"id":8715,"date":"2011-02-04T12:28:52","date_gmt":"2011-02-04T10:28:52","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=8715"},"modified":"2011-02-04T12:28:53","modified_gmt":"2011-02-04T10:28:53","slug":"consumers-are-voting-with-their-spending","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/02\/04\/consumers-are-voting-with-their-spending\/","title":{"rendered":"Consumers are voting with their spending"},"content":{"rendered":"<p>From t<a href=\"http:\/\/www.guardian.co.uk\/business\/2011\/feb\/04\/john-lewis-sales-drop-second-week\">he Guardian this morning<\/a>:<\/p>\n<blockquote>\n<p style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 13px; margin-left: 0px; border-collapse: collapse; font-family: arial, sans-serif; background-repeat: no-repeat no-repeat; padding: 0px;\"><a style=\"border-collapse: collapse; color: #005689; text-decoration: none; background-repeat: no-repeat no-repeat; padding: 0px; margin: 0px;\" title=\"More from guardian.co.uk on John Lewis\" href=\"http:\/\/www.guardian.co.uk\/business\/johnlewis\">John Lewis<\/a> warned of a tougher year ahead as it reported the second consecutive drop in weekly sales, heightening concerns over the prospects for <a style=\"border-collapse: collapse; color: #005689; text-decoration: none; background-repeat: no-repeat no-repeat; padding: 0px; margin: 0px;\" title=\"More from guardian.co.uk on Consumer spending\" href=\"http:\/\/www.guardian.co.uk\/business\/consumerspending\">consumer spending<\/a>.<\/p>\n<p style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 13px; margin-left: 0px; border-collapse: collapse; font-family: arial, sans-serif; background-repeat: no-repeat no-repeat; padding: 0px;\">Sales at its department stores dipped 0.9% to \u00a349.5m in the week to 29 January, following a 2.2% fall the week before. Excluding VAT, sales were down 3.1%.<\/p>\n<\/blockquote>\n<p>Is it surprising <a href=\"http:\/\/www.guardian.co.uk\/society\/2011\/feb\/03\/public-sector-cuts-jobs-fear?INTCMP=SRCH\">when they also report<\/a>:<\/p>\n<blockquote>\n<p style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 13px; margin-left: 0px; border-collapse: collapse; font-family: arial, sans-serif; background-repeat: no-repeat no-repeat; padding: 0px;\">Almost two-thirds of public sector workers fear for their jobs, according to a study out today that highlights the destabilising effects on staff of the biggest government spending squeeze for 50 years.<\/p>\n<p style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 13px; margin-left: 0px; border-collapse: collapse; font-family: arial, sans-serif; background-repeat: no-repeat no-repeat; padding: 0px;\">One in four public sector workers believe it is likely they will lose their jobs and 63% say stress has increased as a result of the economic downturn.<\/p>\n<\/blockquote>\n<p>You can't declare economic warfare on the people of this country and expect them not to react.<\/p>\n<p>But that's what Osborne did.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From the Guardian this morning: John Lewis warned of a tougher year ahead as it reported the second consecutive drop in weekly sales, heightening concerns<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/02\/04\/consumers-are-voting-with-their-spending\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[124,35],"tags":[],"class_list":["post-8715","post","type-post","status-publish","format-standard","hentry","category-condems","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/8715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=8715"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/8715\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=8715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=8715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=8715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}