Cultures of Selling (The History of Retailing and Consumption) by Laura Ugolini

Author:Laura Ugolini [Ugolini, Laura]
Language: eng
Format: epub
Publisher: Taylor and Francis
Published: 2018-12-06T23:00:00+00:00

April 1960

Hire-purchase restrictions re-imposed. Furniture 10 per cent deposit, 2 years to pay. Cars and domestic appliances 20 per cent, 2 years.

January 1961

Hire-purchase restrictions eased. 3 years to pay on all these products.

March 1963

Add-to facility on hire-purchase restored for furniture.

February 1966

Hire-purchase restrictions tightened again – furniture up to 15 per cent deposit, 30 months repayments, as well as domestic appliances and cars.

July 1966

Freeze and squeeze budget including further tightening of hire-purchase restrictions on all products. Furniture up to 20 per cent, with 24 months repayments. Purchase tax regulator increases furniture purchase tax to 11 per cent. Cars and domestic appliances from 25 per cent to 27.5 per cent.

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