RE: Why are we back on the downturn again?4 Mar 2025 13:53
i wouldn't despair just yet, the results in 3 weeks time will be illuminating. the turnaround plan hadn't really kicked in at the half year, and all things being equal we know the full year will be good. if (stress if) the forward looking indication is positive, this could recover and some very quickly.
there are macro headwinds, being interest rates. ni increases and affordability checks, but don't forget wage growth has been ahead of inflation and in certain parts of the economy (including gambling imo), customer spend hasn't been dented. even in hard times folk find cash for booze, ***s & gambling ...