The beleaguered UK High Street is in the news this morning. First there is poor old Thomas Cook, which has joined the ranks of retailers struggling for their very existence. Then there is the Mary Portas review, and her ideas for bringing life back to the High Street. But there was one three letter word beginning with an f that sits right at the beginning of her report, which just about says it all.
Bull and Bear – an optimistic and pessimistic view of investment news. Today’s stories: When 200bn euros isn’t enough. ECB bravely does nothing (or next to nothing). Euro banks in another shortfall. At least one UK manufacturer has enjoyed a triumph.Amazon pays customers not to shop in stores. Companies in the news: Standard Chartered, Tesco