Friday 28/06/24

In MACRO NEWS, the IMF warns the US about its debt, von der Leyen closes in on another term, central bankers remain nervous, BP makes cut backs and cocoa prices drop. In RETAIL NEWS, Amazon takes on Temu and Shein (but is sued by UK third-party sellers), the sale of Boots is postponed, Gap regains some mojo, Halfords slows and Watches of Switzerland blames the tourist tax. In CONSUMER & CONSUMER GOODS NEWS, UK households face a steep rise in mortgage payments and Nike shares fall. AND FINALLY, I bring you a somewhat extreme way to limit overtime...


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