Thursday 29/09/22

In MACRO, MARKETS & ENERGY NEWS, ECB officials talk about another big rate increase, the Bank of England steps in, Yellen calls for calm, the M&A and IPO drought continues (although Americans could come bargain-hunting), EDF talks nuke extension, floating LNG terminals see a lot of interest, the EU moves to impose a price cap on Russian oil and Total commits. In CONSUMER, RETAIL & BREWING NEWS, Retirees dip into pension pots, Amazon puts hope on Prime Day II, Morrisons takes a hit and Boohoo suffers but Shepherd Neame returns to profit. In CAR-RELATED NEWS, UK carmaker woes continue, Aston Martin can't catch a break, JLR staff get EV training and Britishvolt looks precarious. In INDIVIDUAL COMPANY NEWS, mortgage lenders take heart, home buying power falls and buy-to-let disappears. AND FINALLY, I bring you a mind-boggling optical illusion...


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