This will be another year in which international issues dominate the thoughts of economic commentators and market participants, as well as the newspaper headlines. The recovery (or not) of the global economy, the outcome of the Middle East situation and the Treasury’s assessment of the economic tests for UK entry into the single currency are just a few of the issues to be resolved. But the ultimate effect on our economy of all of these developments will depend on something much closer to home – the good old British shopper.
