On the day when we’re supposed to be joyously spending money, we feel dark and fearful, with the most significant COVID-19 mutation yet prompting a rush to sell. As people are urged to ‘resist Black Friday’ and turn their back on consumerism, Apple has pulled iPhones from sale in Turkey due to the plunging lira. As we learn that British car production slumped by 40% to a 65-year low last month, London is being disrupted by a Tube strike. Priti Patel has been disinvited to a meeting with France as the migrants crisis deepens. Wetherspoon boss Tim Martin is going to war on ‘box-ticking’ shareholders in a public fight with major investor Fidelity. With the FTSE All-Share plummeting, plant-based meal replacement group Huel may have picked a bad time to weigh a London stock market flotation.
TURNING PROBLEMS INTO OPPORTUNITIES
Despite UK shoppers facing the biggest price rises for more than 30 years, the CBI says fears of Christmas gift shortages have sparked the strongest monthly rise in retail sales since May 1990. Now there are signs that the global supply crisis is slowly ending. As the National Audit Office finds Rishi Sunak’s Kickstart scheme is not delivering value for money, this job seeker who pitched a pop-up stand at Canary Wharf got an interview within three hours and a position shortly afterwards. With Manchester United about to announce an interim manager, Eric Cantona has shown some black humour in appointing himself to the role. As Elon Musk says he has a plan to ‘become interstellar’, this sketch bought for $30 turns out to be an Albrecht Dürer original worth $50m.
PROVING THAT PIGS DON’T FLY
As the remains of a 30ft dinosaur are unearthed in Missouri, this abandoned Spanish village has reappeared after nearly 30 years. And the old adage about pigs not flying has a new lease of life, with Amsterdam Airport employing a herd of swine to stop birds flying into aircraft engines.