Today the BBC said: "Figures due out later are expected to confirm that the UK came out of recession in the final quarter of 2009."
Today is the day of recovery because despite breaking news of "end of recession" this only means we are the economy is starting to go up since the economy contracted in 2008 by 6%.
Just the UK market alone was worth £48.55 billion in 2007, and as clothing and footwear adds up to 6% of the economy, the recession or branded 'credit crunch' has hit them pretty hard.
Stores closing, other large retails in debt or looking to be bought out or into a partnership, many find ways to cut costs. For example, Linda Scailon's Flow rings collection (see left). She states Flow is an 'eco-ring' but when I see it all I see is cheap. Yes, maybe it could be quirky and unique, but at that price I honestly could make my own.
With this month the VAT rising again back up to 17.5%, now is definitely not the time to spend. Recently I went shopping and as I perused the shelves - well, general mess of Primark -I noticed how the prices are sneakily going up. £10 for a cardigan? Come on Primark, you can do better than that!
Look out for for expensive lippies and hemlines going crazy because, my friends, we are not out of recession yet.
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