In MACRO NEWS, we look at the latest in UK government U-turns. In CONSUMER & RETAIL NEWS, late mortgage payments rise, households cut spending (but businesses plan to raise pay), retailers see footfall drop, Joules has good and bad news and retailers in America begin sales early. In CONSUMER SPENDING TRENDS, Netflix posts £1.4bn in revenues from UK subscribers, Hollywood Bowl bowls everyone over, Getir comes to the rescue of Gorillas and spending on PCs drops sharply. In INDIVIDUAL COMPANY NEWS, Tesla smashes it in China and DS Smith posts a surprise update. AND FINALLY, I bring you a superb doormat...
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