{"id":49321,"date":"2017-03-24T02:27:45","date_gmt":"2017-03-23T19:27:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-next-for-next-decline-if-it-comes-should-still-be-profitable-nils-pratley\/"},"modified":"2017-03-24T02:38:53","modified_gmt":"2017-03-23T19:38:53","slug":"what-next-for-next-decline-if-it-comes-should-still-be-profitable-nils-pratley","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-next-for-next-decline-if-it-comes-should-still-be-profitable-nils-pratley\/","title":{"rendered":"What next for Next? Decline, if it comes, should still be profitable | Nils Pratley"},"content":{"rendered":"


\nAfter a near-halving in retailer\u2019s stock market value over 16 months, there\u2019s a fair argument that the gloom is in the pricePanic over for Next shareholders? It\u2019s too soon to sound the all-clear since a steeper decline in profits than last year\u2019s 4% fall to \u00a3790m is very possible this time. Chief executive Lord Wolfson also has a longer list of grumbles than usual: inflation, currencies, the squeeze on real incomes and consumers\u2019 new love of entertainment over \u201cstuff\u201d. For the time being, he won\u2019t risk a penny of shareholders\u2019 funds on share buy-backs in case the retailing weather turns nastier. Continue reading…
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\nSource : theguardian.com
\nRead more…What next for Next? Decline, if it comes, should still be profitable | Nils Pratley<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

After a near-halving in retailer\u2019s stock market value over 16 months, there\u2019s a fair argument...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-49321","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-cPv","jetpack-related-posts":[{"id":47039,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-were-rising-too-fast-bring-on-the-slowdown-nils-pratley\/","url_meta":{"origin":49321,"position":0},"title":"UK house prices were rising too fast \u2013\u00a0bring on the slowdown | Nils Pratley","date":"March 7, 2017","format":false,"excerpt":"\r News that the market is cooling may not please homeowners looking to sell, but we were heading towards dangerous watersEncouraging news from the housing market: cooler winds are blowing. The rate of growth in prices fell in February to the lowest for three-and-a-half years, according to the Halifax\u2019s index.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106917,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/purplebricks-needs-to-conquer-the-uk-before-becoming-a-world-leader-nils-pratley\/","url_meta":{"origin":49321,"position":1},"title":"Purplebricks needs to conquer the UK before becoming a world leader | Nils Pratley","date":"May 8, 2019","format":false,"excerpt":"\r Departure of online estate agent\u2019s chief executive seems to signal reality biting after share price fallA year ago, Purplebricks\u2019 boast about being a \u201cworld-leading\u201d competitor to traditional estate agents sounded cheeky, but not hopelessly so. The would-be UK disrupter had launched in Australia, Canada and the US. In doing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-bosses-must-decide-how-greedy-they-want-to-be-nils-pratley\/","url_meta":{"origin":49321,"position":2},"title":"Persimmon bosses must decide how greedy they want to be | Nils Pratley","date":"December 15, 2017","format":false,"excerpt":"\r Mega-million payouts look appalling amid a housing affordability crisis \u2013 doubly so when bonuses appear determined by luck and subsidy, not just skillLet\u2019s hope the penny now drops for Jeff Fairburn, Persimmon\u2019s chief executive and a man looking to scoop a bonus currently worth around \u00a3110m.The moral to be\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68018,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mays-help-to-buy-extension-is-another-boon-for-housebuilders-nils-pratley\/","url_meta":{"origin":49321,"position":3},"title":"May's help-to-buy extension is another boon for housebuilders | Nils Pratley","date":"October 3, 2017","format":false,"excerpt":"\r Throwing another \u00a310bn at the subsidy scheme will do nothing to improve the UK\u2019s underlying housing problemWhen former chancellor George Osborne launched his help to buy housing scheme in 2013, wise heads warned that, once a government starts subsidising mortgages, it will find it hard to stop.So it is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35584,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-mistake-autumn-statement-for-infrastructure-splurge-nils-pratley\/","url_meta":{"origin":49321,"position":4},"title":"Don't mistake autumn statement for infrastructure splurge | Nils Pratley","date":"November 24, 2016","format":false,"excerpt":"\r Details are scant and spending is spread over five years, with uncertainty over what government wants to buildDo not run away with the idea that the chancellor has borrowed the clothes of Donald Trump and ordered an infrastructure splurge. Ploughing \u00a323bn into a new national productivity investment fund sounds\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117948,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heres-an-idea-that-could-earn-the-government-400bn-in-25-years-nils-pratley\/","url_meta":{"origin":49321,"position":5},"title":"Here's an idea that could earn the government \u00a3400bn in 25 years | Nils Pratley","date":"July 24, 2020","format":false,"excerpt":"\r A capital gains tax on primary residence \u2013 it may be politically toxic but has the virtue of fairnessThe UK\u2019s public finances are \u201con an unsustainable path\u201d, the Office for Budget Responsibility said last week. Since it has been saying as much for years, even before Covid-19 provoked a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49321"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=49321"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49321\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=49321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=49321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=49321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}