Interest rate decisions on Thursday are expected to see the bank of England hold interest rates and provide the latest update on the economy since last month. Palmer said: "I'm worried about the British retailers are now in the midst of a perfect storm, interest rate decisions in November, rising inflation, real wages, falling credit availability and the UK to take off the European uncertainty increased, these during the Christmas season for caused an unprecedented pressure on household budgets, pushed consumer confidence to historic lows. "Historically, the concept of income has first appeared in economics. Adam Smith, in the wealth of nations, defined income as "the amount of consumption that is not eroded by capital", and saw it as an increase in wealth. Later, most economists inherited and developed this view. 1890, ai (Alfred Marshall Maarshell) in its "the principles of economics," the Adam Smith's "wealth increase" enterprise, introduced the concept of earnings, is proposed to distinguish the entity capital and value-added benefits of economic benefits. The black-tie awards ceremony was held on 15 June at the Royal Armouries in Leeds, at the centre of the country’s great east-west glass manufacturing corridor – where nine out of ten of the UK’s largest glass manufacturers have production sites. It is our responsibility to achieve our goals in the right way in 2018, and we have this opportunity.