It'll be interesting to see what next year's accounts look like. I suspect they'll be ok but uk consumers are getting smacked by the weaker pound. John Lewis just announced a 50% fall in profits with many other retailers such as next/safestyle also getting hit. People who thought brexit wouldnt hurt the uk economy were wrong. It's easy being a contrarian but much harder going against the grain and being right.
Ann: 3rd Quarter Trading Update, page-4
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