British retail sales drop as high interest rates hit shoppers
Sector performed worse in October than economists had expected
UK retail sales
British retail sales drop as high interest rates hit shoppers
Sector performed worse in October than economists had expected
UK retail sales
Manchester City’s finances play better in black than red
Selling players at a profit helps offset the club’s huge wage bill
Travel & leisure industry
A Wall Street disaster’s final chapter
Also in today’s newsletter, Mars pays extragalactic premium for Hotel Chocolat and Blackstone seeks new financing options
Mergers & Acquisitions
‘We need tangible benefit’: Does investment in UK renewables create jobs?
Locals in north-east Scotland say the billions poured into wind power have bypassed the community
Renewable energy
Big Four can continue to dominate, signals UK accounting watchdog
Richard Moriarty says Financial Reporting Council’s priority is high-quality audits and competition is not ‘an end in itself’
Financial & markets regulation
The counterintuitive truth about deficits for bond investors
Most of the time, higher government debt levels have been associated with lower yields, not higher
Central banks
Britishvolt owner blames business woes on tax officials, media and ‘sabotage’ by staff
Former and current employees say David Collard’s repeated promises of investment never materialised
Batteries
Designer democracy acts as draw for Dover Street Market
The retail showcase’s eclectic approach puts emerging and established brands side by side
Luxury goods
Leica trains its lens on luxury watch market
The high-end camera-maker’s latest collection is priced to compete with the big Swiss brands
Luxury goods