In MACRO & ENERGY NEWS, Sunak gets the job, China wobbles markets and gas prices fall. In BUSINESS TRENDS NEWS, UK profit warnings rise, lawyers get ready and UK hospitality faces tough times but supply chains ease. In TECH NEWS, the FCA show interest in Big Tech fintech, YMTC boots out US staff and Philips sharpens the axe. In MISCELLANEOUS NEWS, consumers revert to "austerity shopping", Apple hikes subscriptions prices, Tesla cuts prices in China and the Asos/Frasers combo could cause friction. AND FINALLY, I bring you the "breakfast of Asian champions"...
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