Sir Phillip Green, owner of the High Street giant Arcadia Group, has
spoken out against fellow UK retailers urging them to stop their moaning about
the local economic climate and to just get on with it. After Arcadia reported flat sales for last year, Green said
"We've got to trade. I can't keep listening to all these
people making it up as they go along. We've got to up our game. If we sit there
and cry and put on my front window the Bank of England said X, it isn't going
to help me take any money."
This comes as
the Bank of England predicted doom and gloom by announcing that the UK is set
to travel a long and winding road of recovery with sluggish growths and rising
prices.
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