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Recession Creeps

By Gemma Hughes/MOLI

Enjoying the credit crunch

I am not a 'crunch' denier. I am not the David Irving of the economics world. I am fully aware that a recession is well and truly under way and now know (courtesy of a work sponsored 'coping with the crunch' course) that it will probably be another eight months until things are back to normal.

But in the mean time, for people like me that don't earn much, don't rely on borrowing much, and don't own any property – it's great news. Companies everywhere are offering better and better deals in an attempt to up waning custom, meaning that normally overpriced stuff is actually now affordable. Hurrah!

The major supermarkets are all clambering to offer their customers more reasons to shop where they do or to remind them that every little helps. Morrisons has recently launched it's very own 'Price Crunch' promotion where each week eight reasonably desirable products (i.e. not just scurvy-inducing items, but proper food stuffs) are all sold for a mere 50p a pop. Meanwhile Sainsbury's and the chorizo-loving Jamie Oliver continue their crusade to educate the scoffing masses with their 'feed a family for a fiver' drive.

The summer sales currently all over the High Street seem to be better than they have been in years, with clothes you would actually wear bearing genuine discounts. And restaurants? Well, this is the best news of the lot. Restaurants throughout the land are now serving food at a price-point somewhere near to what it should have been in the first place. Some of the most notable being Yo Sushi's current 50 per cent off all food and Loch Fyne's incredible £11.00 offer which includes starter, main, side dish and a glass of wine – good times. Details on how to claim later...

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