Results tagged “credit crunch” from Chester Chronicle - And Finally
Christmas shoppers are defying the recession as Britain's stores and retail websites continue to rake in record-breaking sales.
Colette Palin and Lee Clark wanted a white wedding with all the trimmings and were bracing themselves for a huge bill.
Britain's recession has now ended, a think tank declared yesterday.
AN electro-dance band from Halton are hoping to fire the imaginations of their fans - by asking them to choose whether or not they should burn the entire marketing budget for their new album.
Holice, who are signed to Cold Communications record label, intend to burn ÃÂ£5,000 cash set aside to promote their latest musical offering Ten Chakras, if they manage to recruit 500,000 members to their specially-designed Facebook group by March.
The band say the idea is to provide a reaction to the credit crunch, by demonstrating to fans how they can regain control over their money during the recession.
Chris Oakley of Runcorn, director of Cold Communications and one half of Holice, alongside Widnesian Steven Davis, now hopes that the gesture, which references acid house band KLF's burning of ÃÂ£1m in 1994, will spark some real debate across Halton.
Chris said: "We know that this sounds absolutely mad and we could be committed for doing it!
"But the credit crunch has affected everyone and we want to know everybody's view on whether or not we should burn the cash.
"Money usually dictates what you do with it, so this is a statement from us to say that we believe that it should be the other way around.
"This is a philosophical celebration and we could see a Phoenix rising from the ashes of this cash in the form of changed attitudes."
He added: "People might say this is just a scam to promote our album, but if we just wanted to do that then we could definitely spend ÃÂ£5,000 a lot better on advertising it!
"We'd also like to point out that destroying money is not illegal and while it's not their money other people should not worry!
"We'll probably regret doing this, but life's a journey and we'll have fun finding out."
For more information visit www.coldcommunications.com or the Holice Facebook page.
SALES of Cheshire cheese have soared by a huge 25% in just three months - because of the credit crunch.
Experts are attributing the increases to consumers who are increasingly opting to make sandwiches and packed lunches at home, rather than spending up to ÃÂ£5 a day on expensive shop-bought sandwiches or lunches.
This seems to be backed up by the fact that Lancashire based Warburtons bakers have also experienced a similar boost in bread and roll sales with a 10% year-on-year sales increase.
British Cheese Board secretary Nigel White said: "We have been pleasantly surprised to see Cheshire cheese sales steadily rising in this economic climate but as we analyse consumer behaviour it becomes clear that many people are opting to prepare their lunches at home as part of their credit crunch cost cutting.
"Traditionally cheese has always been a great staple food in times of hardship as it is a cost effective source of protein."