The Phoney War - Justin A. Urquhart Stewart's latest commentary

Justin is one of the most recognisable and trusted market commentators on television, radio, and in the press.

Originally trained as a lawyer, he has observed the retail market industry for 20 years whilst at Barclays Stockbrokers and developed a unique understanding of the market’s roles and benefits for the private investor.

Each week we will bring you Justin's latest thoughts and commentry.

For a taster of this week's article please continue to read...

The Phoney War

"We could call this the ‘phoney war’. Although there has already been much anguish and pain from the high streets of Britain, and indeed a significant number of failures have already occurred, it is interesting to note the quite positive figures from some of the leading retailers. Certainly given the prevailing media sentiment, the anecdotal evidence does seem to be really quite contradictory. In competitive terms, those that are still standing are of course facing less opposition as the weaker retailers have already been whittled away. Those with ‘weaker retail propositions’(consultant ‘bingo’ speak for rubbish businesses), often with highly geared and borrowed balance sheets, have found the pressure just too much and imploded."

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