Business Light

One product that gives a ray of light in these gloomy times (forgive the pun) is energy-saving light bulbs.

In the last three months of 2008, 12.3 million of them were sold in the UK, up from 8.9 million in the same quarter of 2007, an increase of 38.2%.

Part of the reason may be attributed to the falling price of the bulbs, with average prices down from around £1.75 each in 2007 to around £1.00 in 2008.

And it’s the only real mover in the DIY market – which is driven directly by the housing market.