Thursday 30/11/23

In BIG PICTURE NEWS, US growth surprises, Chinese factory activity contracts, the UK's on track to have the second lowest growth in the G7, Nottingham City Council goes under, UK business confidence rises, the ONS reports new unemployment numbers and EY delays hiring while US crude inventories rise and OPEC+ considers production cuts. In CONSUMER, RETAIL & RESTAURANT NEWS, food producer pricing faces CMA scrutiny, more customers will use BNPL over the holidays, mortgage approvals rise, there's more trouble at Selfridges, Farfetch has a 'mare and Halfords warns while Greggs gets fancy. In CAR-RELATED NEWS, the EU has a plan, UK car production increases, GM says sorry and Uber recommends the train. In MISCELLANEOUS NEWS,Blackstone buys Rover Group, Cigna aims for Humana, the Saudis buy a chunk of Heathrow and financial advisers will face the music. AND FINALLY, I bring you an answer to the annual debate - Roses or Quality Street πŸ€”...

 


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