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I am optimistic for the future of Downtown




Column by Richard Broadhead, managing director of Oldrids & Downtown

Since being founded in 1804, the Oldrids & Downtown group has grown and adapted to ever-changing economic situations.

One such period of great flux was the 1980s - Yuppies, strong economic growth, revenues from North Sea Oil and Motorola launching the first ever handheld mobile phone (unfortunately the phone in question weighed over a kilo and took more than 10 hours to charge, to gain 30 minutes of battery life!) led to increased consumerism and a boom in home ownership. This very helpful trend allowed Oldrids to expand dramatically in the home furnishings market.


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