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Page last updated at 08:34 GMT, Thursday, 20 November 2008

'Irrational' downturn in high street spending

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As the recession starts to bite, how is a fall in consumer spending effecting high street retailers? Figures are due to be released which are expected to show that shoppers are spending less, despite Christmas being barely a month away. Sanchia Berg reports from the high street in Bromley, Kent and Andy Street, managing director of John Lewis, and Sir Philip Green, who owns BHS and the Arcadia Group, discuss how the economic downturn is affecting UK retail.

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