In MACRO, OIL & ENERGY NEWS, Chinese and European services sectors wobble, opinions on the UK contrast, Turkey has a bumpy road, oil prices hit $90 while North Sea oil production falls and the onshore windfarm ban gets lifted. In CONSUMER, LEISURE & RETAIL NEWS, US consumers flex the plastic, UK consumers rein in car buying, John Lewis hires a turnaround specialist, Lidl plans to open a mega-warehouse, vultures pick over Wilko's remains, European tourism defies logic and CloudKitchens suffers from falling demand. In MEDIA NEWS, Meta ditches its news funding scheme, TikTok tries to satisfy and Warner Bros cuts profit forecasts. In MISCELLANEOUS NEWS, London renting gets ridiculous, holiday lets face closure and Birmingham goes bankrupt. AND FINALLY, I bring you the eternal struggle between youth and age...
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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!