Thursday 20/10/22

In MACROECONOMIC NEWS, UK inflation hit a new high, the Bank of England puts the boot in and Truss's future gets shakier by the minute. In CONSUMER & RETAIL NEWS, falling consumer spending hits leisure and tourism, JustEat, P&G and Nestle while Netflix bounces on a cheaper option and rail travellers escape a massive fare hike. In retail, Amazon does insurance, Asos suffers and the high street braces for higher business rates. In FINANCIALS NEWS, bank profits are set to boom but Man Group sees big outflows. In INDIVIDUAL COMPANY NEWS, Tesla disappoints, Uber looks at ads and Tencent does buybacks. AND FINALLY, I bring you canteen food and an interesting fact about KitKats...


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