Wednesday 20/09/23

In BIG PICTURE NEWS, we see how EVs could hit the US election, the OECD is down on the UK, UK inflation weakens, Sunak is about to backpedal whilst also facing an oil headache and EU companies continue to rail against China. In CONSUMER, RETAIL & LEISURE NEWS, homelessness is on the rise as rents get exorbitant, mortgage bills for many look set to rise, Instacart's IPO goes well, H&M charges for returns, B&Q's owner takes a hit, Ocado's venture with M&S rebounds, Naked Wines looks iffy and Tui extends the holiday season. In REAL ESTATE & FINANCIALS NEWS, British Land bucks the gloom, Revolut gets more time and Hargreaves Lansdown benefits from rising rates. In INDIVIDUAL COMPANY NEWS, Disney moves forwards, YouTube rises above, Google DeepMind helps drugmakers and Philip Morris thinks about a reshuffle in its pharma business. AND FINALLY, I bring you a Terry's Chocolate Orange faux pas...

 


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