Mark Spofforth featured on the BBC
Mark Spofforth, Partner at Kreston Reeves, and High Sheriff of West Sussex for 2016/17, was invited to take part in BBC’s South Today programme on 4 July 2017.
Mark was asked to comment on the dent in consumer confidence. He reviewed whether wages, inflation, Brexit, or a combination of all of these, were the reason behind the shop trading conditions in Chichester being the toughest reported in the last 40 years.
On this, Mark said: “… people are not getting the wage increases they need to make the price increases that are coming through from inflation, and from the exchange rate moving from the Brexit vote…”.
If you would like to hear the full interview please click here and fast forward to around 11 minutes and 30 seconds, Mark’s interview can be seen at 14 minutes and 45 seconds in.
To discuss what is driving the fall in consumer spending and the impact on the wider economy with Mark click here or call him on +44 (0)330 124 1399.
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