Tuesday, March 12, 2013

The consumer to get the debt under control

Said a recent report released by the Bank of England for the first time on record buyers England decided to reduce household debt during the month of December.

It is possible that these figures show a shift in consumer spending and the desire for personal finances in shape for next year. Christmas trading period is a difficult time for a number of other street retailer Game Group, Dixons and HMV all reported disappointing trading update.

Although the food retail giant Tesco provided under the average Christmas and stated that the core UK business is struggling in a competitive environment. However, despite constant headwinds, customers seem to have an appetite for technology.

In China, the U.S. conglomerate Apple has made headlines after an incident in its very first store in Beijing. Customers who queued overnight to get their hands on the new iPhone, the 4s. Unfortunately the store failed to open on schedule and angry shoppers pelted buildings with eggs and shouted at employees. China is not the only country with following the latest cutting-edge products and Apple has created a strong brand and established the existence of a growing market.

To further develop the business Apple recently announced the appointment of chief executive Dixon, John Browett, the new head of retail. It is likely that Mr Browett expand the success Apple has enjoyed since opening its first store in the UK in 2004.

However, Mr Browett not only successful British export to Apple. FTSE 100 business Arm recently reported increasing range of numbers, supported by the strong growth of the smartphone market and a computer desk. ARM is a leading designer of microchips used iPhone and iPad, along with a number of other devices like the Samsung Galaxy. The group is not involved in the manufacture of microchips, but receive payment for the use of the design. Arm appears well placed for the future given the strong demand for technology products and business expectations can also take advantage of the emergence and growth of smart TV households.

Looking across the Atlantic, the headlines in the technology sector's announcement that Facebook is set to float. Popular social networking company is well-known story and a lot of people in the UK use this service. There's a lot of excitement in the Float and the value of $ 100 billion be put into the business.

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