ED’S NIBS
9th October 2007 by Mike Collins
LONDON BOOMING
It’s good to learn that John Lewis in Oxford Street, one of the brighter spots in an otherwise overrated thoroughfare, recorded its first £1m day at the end of September (the 29th), a month earlier than normal. Andy Street, managing director of John Lewis department stores, said: “The West End is robust. We’re on a steady course for Christmas.” The British Retail Consortium also noted that retail sales grew 3% in September compared with 1.8% in August, so it looks like Brit shoppers are coming out to spend again.
BOOTLE POOTLES (AGAIN) ON HOUSE PRICES
Another month, another dire warning of a house price crash from ex-HSBC chief economist Roger Bootle and now boss of Capital Economics. Bootle is the moaning Minnie of the mortgage world, a latter-day sandwich board man endlessly predicting the end of the property market as we know it and boring everyone silly in the process. Read our lips, Rodge: No house price crash anytime soon. OK?


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