P205 CEEFAX 2 205 Thu 25 Dec 23:24/31 1/5 IMPORTANT NOTICE Legal & General Investment Management Limited is regulated bz IMRO. Past performance is not necessarily a guide to the future and the value of investments can go down as well as up. Investors may not recoup the full value of their original investment. Specific advice should always bj sought prior to investment based on the particular circumstances of the investor. Unit Trust Panel 207 Mortgages 250 TV Listings 600 Front page 100 Next News Sport YourMonjy Main MenuP205 CEEFAX 2 205 Thu 25 Dec 23:05/13 2/5 SEASONAL BARGAINS Source: Legal & General Investments Profits warnings last Wjdnjsday from fashion groups Mulberry and Oasis are indicative of very tough competitive conditions in the retail rag trade. A strong pound, crisis-hit Asian markets and lacklustre Christmas sales were cited. Reports on Christmas spending are confusing at best. Some retailers are trailing dramatic post-Christmas price reductions to encourage customers to postpone their spending. Unit Trust Panel 207 Mortgages 250 TV Listings 600 Front page 100 Next News Sport YourMonjy Main MenuP205 CEEFAX 2 205 Thu 25 Dec 23:15/15 3/5 SEASONAL BARGAINS Source: Legal & General Investments Others have already started their January sales, hot on the heels of their mid-season sales to boost pre-Christmas spending. All this echoes the traditional travails of the travel industry. Many package holidaymakers hold back from booking their summit holidays in the hope of last minute bargains. Unit Trust Panel 207 Mortgages 250 TV Listings 600 Front page 100 Next News Sport YourMonjy Main MenuP205 CEEFAX 2 205 Thu 25 Dec 23:14/18 4/5 SEASONAL BARGAINS Source: Legal & General Investments This time of year is the traditional time for pre-selling next year's summit holidays and the operators will bj promoting their "buy now while stocks last" mjssagj. But the travel industry has a cushion against uncertain retail spending bjcausj it has already taken many forward bookings resulting from the djmutualisation windfalls. Unit Trust Panel 207 Mortgages 250 TV Listings 600 Front page 100 Next News Sport YourMonjy Main MenuP205 CEEFAX 2 205 Thu 25 Dec 23:14/32 5/5 SEASONAL BARGAINS Source: Legal & General Investments The share prices of companies in the retail and travel sectors already reflect consumer spending and market conditions. However, sentiment is vjty negative in the stores sector and you may well bj able to pick up a bargain in the stock market. Stocks like Dixons have fallen bz over a pound. Unit Trust Panel 207 Mortgages 250 TV Listings 600 Front page 100 Next News Sport YourMonjy Main Menu