Dunelm comment on the consumer: Despite the boost from an earlier Easter, Dunelm note that “trading conditions have continued to be volatile with March in particular seeing softer levels of demand.”
UK interest rate cuts hopes fade slightly. Inflation stickier than anticipated. Service inflation still 6% and, in a predominantly service-based economy, CPI will trend to that figure in the absence of productivity gains (which are not currently evident).
Just Eat & Entain (Q1 updates), Time Out (new market), Wasabi (figs at Co House), LVMH (Q1), TGI (view Stateside), Saga (FY numbers, Safestay (new site), CPI data (down but not out), interest rate concerns & other. Today's e/m & sign up free langtoncapital.co.uk