Holiday Sales To Come Early

The holiday sales will start early this year including price cuts on Christmas day before the VAT rise.

However discounts are not set to be as generous as last year according to Don Williams, head of retail at accountancy firm BDO Stoy Hayward

The Debenhams were the first major high street chain to cut prices with a four day sale that began on Wednesday. Its campaign offers up to 25% off products and comes six weeks before the festive holiday.

Numerous retailers are expected to promote lower prices before the VAT increase. (more…)