Rolling coverage of the latest economic and financial news, as UK retailers suffer their worst September since at least 1995Latest: BRC retail survey shows consumers sufferingEurozone investor confidence weakest since 2013Introduction: German factory orders fell 6.7% year-on-yearOrders dropped 0.6% month-on-month in August 2.51pm BST Time for a recap Related: UK retailers demand Brexit deal after worst September on record German factory orders fell by 0.6% m-o-m in August. Foreign orders rose by 0.9% m-o-m, driven by incoming orders from both euro area (+1.5%) and non euro area (0.4%) countries. In contrast, domestic orders decreased by 2.6% m-o-m. pic.twitter.com/UdYpkvvRIHCan’t actually see Pizza Express actually vanishing. Too much discounting and too much debt are the problems. Both fixable. Brand is strong though and model workable. Eminently restructurable with a big hair cut. 2.36pm BST Wall Street has opened cautiously, as worries about a global slowdown continue to weigh on markets. Continue reading…
Via: UK retail sales spooked by Brexit, as German factory orders slide – as it happened
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…