City news: Retail, Fastjet, Pennon and Big Innovation Centre

City news: Retail, Fastjet, Pennon and Big Innovation Centre
 

The quarterly trends survey of business lobbying group the CBI showed a positive balance of +26 per cent of retailers seeing higher volumes last month compared with a year ago, the strongest balance since September 2015.
Orders placed with suppliers were up for the first time in eight months.
Expectations for online sales growth are the strongest for two years.
CBI chief economist Rain Newton-Smith said: “It’s great to see retailers reporting such a buoyant month.”
FASTJET chairman Colin Child has bailed out as the African budget airline warned it would need to raise more funds.
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25 November 2016 in Business, Views: 54
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