Wednesday 06/09/23

In MACRO, OIL & ENERGY NEWS, Chinese and European services sectors wobble, opinions on the UK contrast, Turkey has a bumpy road, oil prices hit $90 while North Sea oil production falls and the onshore windfarm ban gets lifted. In CONSUMER, LEISURE & RETAIL NEWS, US consumers flex the plastic, UK consumers rein in car buying, John Lewis hires a turnaround specialist, Lidl plans to open a mega-warehouse, vultures pick over Wilko's remains, European tourism defies logic and CloudKitchens suffers from falling demand. In MEDIA NEWS, Meta ditches its news funding scheme, TikTok tries to satisfy and Warner Bros cuts profit forecasts. In MISCELLANEOUS NEWS, London renting gets ridiculous, holiday lets face closure and Birmingham goes bankrupt. AND FINALLY, I bring you the eternal struggle between youth and age...


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