Watson’s Weekly 20-04-2024

This is an amalgamation of the “best bits” of the daily weekday newsletter/blog woven together to form a concise and coherent view on the things that matter in the commercial and economic news of the week. 

THE COLOURED HIGHLIGHT REFERS TO THE EDITION WHERE THE STORY APPEARED IN WATSON’S DAILY. Clicking on the day will take you to the appropriate edition of Watson’s Daily.

IN BIG PICTURE NEWS...

This was the week when Iran struck back, when investment banks came back and when LVMH was held back…

IN COMMODITIES NEWS…

IN BUSINESS, EMPLOYMENT & CONSUMER TRENDS NEWS...

IN BUSINESS TRENDS NEWS…

IN CONSUMER TRENDS NEWS…

IN EMPLOYMENT TRENDS…

  • Recruitment firm Page Group announced a weak Q1, following a weak Q4 at the end of last year. It said that both candidate and client sentiment remains subdued. Meanwhile, the latest ONS data showed that wage growth slowed down (although not by as much as economists had been expecting) while the unemployment rate rose sharply. You would have thought if you take all of this into account, it is more likely that the Bank of England will cut interest rates sooner rather than later.

IN CAR NEWS...

IN ELECTRIC VEHICLE NEWS…

IN TECH NEWS...

IN AI NEWS…

IN MEDIA NEWS…

IN FINANCIALS NEWS...

IN RETAIL & LEISURE NEWS...

IN RETAIL NEWS…

IN LEISURE NEWS…

BANTER

My favourite “AND FINALLY” moment from this week was the video with the astronauts drinking coffee! I thought that this was strangely fascinating!