In addition to the inevitable madness of Christmas shopping, it's summer and a huge proportion of us are on holiday. Shops are overrun with large families shopping in troupes, girlfriends shopping together for summer fashion, couples walking slowly from store to store and (of course) tired-looking shop assistants.

It's certainly not a time to be spent in the shops. As Christmas draws close the madness will cease - for a day or two - and then it'll be back to large families shopping in troupes, girlfriends shopping together...

As a side note, I'm interested to hear how this December's retail earnings compare to those of the last few years. Perhaps it's just that I've avoided the shops as far as possible, but it seems to me as though spending is somewhat depressed.