A few weeks back I wrote about the impact the cold weather was going to have on small businesses. Well the white misery has returned, don't get me wrong, I enjoy the blanket of snow with the kids. I am also lucky that the presents I have bought over the net have not been caught up in the snow or the backlog from the previous snow flurry.
Check out this article about how shoppers are staying away, despite the balloon effect expected by the impending VAT rise in January. The picture of Oxford street on what is supposed to be one of the busiest shopping days of the year.They estimate in the media that there is a backlog of 4 million parcels that will not arrive in time for Christmas. This will also certainly drive more businesses under, further compounding the problems we are going to see in 2011.
So next time you see the white covering outside, and you're having a good time with the kids, spare a thought for those that may be more than snowed under as a result.