Read the whole article Tosser

I noted this in the Guardian this morning:

Figures from the Office for National Statistics show debit and credit card transactions fell by 5% over the week to 17 June, while retail footfall declined for the third week in a row at the tail end of a springtime boom after Covid-19 restrictions were relaxed.

Three thoughts.

First, is the post Covid boom already over? It might be. I have long suggested that after a treat or two people would return to caution. Historically that is the pattern and I see no reason why it should be different this time.

A few paragraphs later in The Guardian article:

On the dashboard in the past month, British retail sales have dipped as UK consumers swapped supermarket and online shopping for trips to pubs and restaurants after the relaxation of pandemic controls earlier this spring.

Substitution in spending is not the same as a reduction in spending.

On the credit and debit card spending:

These data series are experimental faster indicators for estimating UK spending on credit and debit cards. They track the daily CHAPS payments made by credit and debit card payment processors to around 100 major UK retail corporates. These payments are the proceeds of recent credit and debit card transactions made by customers at their stores, both via physical and via online platforms.

Retail corporates? And then:

OpenTable is a provider of data for online restaurant reservations, with daily data for the UK, London and Manchester being publicly available in its The state of the industry dashboard. These data show the impact of recent events and restrictions on the hospitality industry using a sample of restaurants on the OpenTable network across all channels, that is, online reservations, phone reservations, and walk-ins.

Figure 3: In the week to Monday 21 June 2021, the seven-day average estimate of UK seated diners was at 128% of its level in the equivalent week of 2019

Oh. Substitution then…..

7 thoughts on “Read the whole article Tosser”

  1. I love the way this cunt equates people buying stuff they want with their own money to ‘a treat or two’. It encapsulates their whole mindset, and yet they can’t stop wanking on about ‘the patriarchy’.

  2. It’s all I, I, I with the P3.

    Totally egotistical wankery, unerringly grabbing the wrong end of the stick as usual.

  3. The potato doesn’t need to read the whole of the article to grab the wrong end of the stick. He’s already come to his conclusions prior to reading the article, that way it saves him from thinking or revising his opinions.

  4. This mmakes me an anal, grammar tosser, but I think you’ve missed a comma in your title, Tim.

  5. This makes me an anal, spelling tosser, but I think you’ve added an extra letter in your comment, Ironman.

  6. Hmm. That comma between anal and spelling doesn’t look right.

    Anyone know enough grammar to decide?

  7. Struggling to keep your business–or the ruins of it–alive is not a post covid boom. Theo’s wife’s hairdo and granite kitchen numpties or no.

    Next step on my Canada govt tyranny takeover map is food shortages. Not quite there yet but every week supermarket has less in it. Still paradise compared to soviet Gum shithole. But a deliberate Bogus J policy in my book as he was told 12 months ago that loads of haulage firms were circling the drain thanks to his LD pranks and did his usual fuckall. It would only take some media bullshit to kick off another bogroll style panic.

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