Friday 23/06/23

In MACRO & OIL NEWS, the Bank of England raises the interest rate by 0.5% - and we ponder the consequences, Turkey makes a dramatic about-face on interest rates and the Church ditches oil. In CONSUMER, RETAIL & LEISURE NEWS, consumers stay positive, Ocado booms on bid rumours, Morrisons takes an inflation hit, John Lewis fails again, we look at Mike Ashley's reasoning and Premier Inn sees sales surge. In CAR-RELATED NEWS, Ford braces for more layoffs but is set to get a government handout for battery plants. In INDIVIDUAL COMPANY NEWS, Accenture warns of cooling IT spend, TikTok's top US exec leaves and DS Smith sees rising pre-tax profits. AND FINALLY, I bring you rocketman pizza at Glasto...


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