Friday 24/11/23

In MACRO & OIL NEWS, the Eurozone looks shaky and the ECB is open to more rate rises, the Netherlands lurches to the right, Greece's Syriza sees mass resignations, Turkey whacks the interest rate up to 40%, the UK economy shows signs of recovery, business activity grows and renewables start to pay off. In CONSUMER, RETAIL & LEISURE NEWS, US consumers seek out bargains, UK consumers cut spending but confidence increases, the energy price cap looks set to rise, John Lewis puts another service in-store, Space NK does well but Jet2 suffers jet lag. In FINANCIALS NEWS, Zhongzhi's troubles worsen, Barclays gets the axe out and Virgin Money profits are hit. In MISCELLANEOUS NEWS, we reflect further on the OpenAI kerfuffle, Musk gets angry about Swedish strikes, South Korean battery makers scale back in the US and Lego looks to the future. AND FINALLY, I bring you an amazing tiny restaurant in London...


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