In the news this morning, retail sales are reported to have grown at a healthy pace in November, contrary to evidence of muted consumer confidence and strains on retailers in the run-up to Christmas as a report into how to save the nation’s high streets is released.
Elsewhere, worries over Brexit keep rates on hold, Kier’s emergency rights issue has a dismal take-up, whereas cafe bar operator Loungers prepares a £250m-plus stock market listing despite growing economic and political uncertainty.
UK retail sales rise more than expected in November
UK high streets ‘have twice as many shops as they need’
Stiff drink in hand, Loungers is set to float
Shortages will keep house prices rising, says Halifax
Wagamama workers get £1,000 bonus
