In MACRO & OIL NEWS, China looks like it's about to change its Covid stance, South Africa's Ramaphosa's on the edge, UK inflation expectations ease, Europe debates a price cap on Russian oil and Total cuts North Sea investment. In EMPLOYMENT, RETAIL & LEISURE NEWS, US white-collar layoffs feature, law firms cut headcount and British factory workers lose jobs while Dollar General cuts its forecasts, Next buys Joules and Vue eyes Cineworld. In CAR NEWS, EV running costs equal those of traditional cars, Tesla delivers its Semi trucks and Toyota announces UK plans. In INDIVIDUAL COMPANY NEWS, Monzo aims for profit in 2023, Peel Hunt loses its profits, Blackstone limits property fund withdrawals, UK house prices drop sharply and Macron sticks the boot into Twitter while Musk offers advertisers incentives. AND FINALLY, I bring you a home-made Advent Calendar...
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