Mood – Slowing before we grow but making $7,753 from selling homework downgraded by Elon Musk (3/10)

Published on 10-12-2021 13:55:18

Dec 10 mood 3

As Wales urges its citizens to ‘flow before you go’ to stop the spread of COVID-19’s latest variant, we’re finding our progress impeded. Economic growth slowed to a crawl in October and that was before the discovery of Omicron, which could be spreading faster in England than where it originated in South Africa. Boris looks deadlocked, accused of misleading his ethics adviser over decorating costs and facing possible suspension from the Commons as fresh ‘partygate’ allegations continue to emerge. Insurers are braced for more workplace injury claims after a German court ruling that a man who slipped while walking a few metres from his bed to his home office was technically commuting.

UPPING AND BLOCKING

Corporates are struggling to find a way through, with Associated British Foods warning of the need for higher food prices, Dr Martens putting £10 on a pair of shoes and tax changes adding £1 a bottle to port and sherry prices. American social media firm Square is changing its name today to Block. The FTSE All-Share is finding it hard to rise above it all.

SPOTTING THE POSITIVES

There’s some festive cheer, with Hilton Foods snapping up Dutch smoked salmon producer Foppen and miner Anglo American expecting 35% growth over the next decade. Edison’s executive director of research, Neil Shah, says in the Evening Standard that Rolls-Royce’s recent financial recovery leaves it well-placed to navigate the pressures of the latest COVID-19 variant and supply chain issues. As Elon Musk says he is thinking of quitting his jobs and becoming a full-time influencer, a former student whose homework was downgraded by the billionaire has sold it for $7,753. This man left with 1,000 crude Christmas jumpers has come up with a potential charity solution.

FINDING HELPFUL COMPARATIVES

As we’re warned that ‘driving home for Christmas’ could be the road to hell, it may not even be the best song to play on the way. Still, we have some way to slow until we’re as bad as NASA’s new space telescope – 14 years late and 1,000% over budget.

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