Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Friday 15 January 2016 4:41 pm

From retail mania and the Tube strike to oil prices and the Chinese economy: Here’s what got us talking this week

By: Catherine Neilan

Add as a preferred source on Google

We all got invited to a very special birthday party, while someone else got an early birthday present. Meanwhile, the details of Boris Johnson's Iraq antics were leaked. Oh no, BoJo. 

Here's what got us talking this week

1) Ground control to major Tim

The world mourned as we digested the news that David Bowie had died aged just 69. We consoled ourselves with listening to his huge contribution to music. And as one starman exited, another took his first spacewalk, making British history and potentially sparking a change in our love of science.

 

From one starman to another…

2) Run for the hills

That was at least the advice from RBS, who urged investors to "sell everything". It's easy to see why, given the state of oil prices, which this week dipped below $30 a barrel, and the ongoing issues with the Chinese stock market.

3) Retail mania

It was a busy week for retail results, with Tesco, Morrisons and Sainsbury's all beating expectations, making them feature among some of the many Christmas winners. And, although Home Retail Group did not overwhelm with its performance, it still came under the spotlight thanks to ongoing bid interest. But Sainsbury's bid could have a knock-on effect, not least for landlords. 

4) Singing a different tune

We could all be doing just that if MPs decide to push for an English national anthem – and here's why they should do just that. There is one song that has emerged as a particular favourite.

5) Tube strikes rolling in

Londoners are facing a whole new set of strikes as the unions and transport bosses butt heads over pay and conditions. Three dates have been agreed so far, although there could be a whole lot more further down the line. But talks have resumed and will continue into next week, giving us all hope some agreement might be reached.

Leisurely reads

Birmingham is now more attractive, the report claims

Education systems must teach the ability to learn, not the ability to memorise (Source: Getty)

Charts of the week

Have you got what it takes to become a billionaire?

Great Reads from Elsewhere

There are plenty of stories about David Bowie and the impact he had on other people. This blog brings six of the best together.

The Last Word

[infographic id="498"]

Three men were sentenced for their involvement in the Hatton Garden heist this week.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Transport & Infrastructure

Trending Articles

  • Citroën 2CV returns as a £13,000 electric car, and the timing is no accident

  • The former African gold miner taking on the billionaire Issa brothers

  • Wimbledon: HMRC set to slap Sinner and Noskova with £1.6m tax bill

  • Barclays and Lloyds back calls to digitalise UK markets and unlock £33bn boost

  • Rachel Reeves to unveil next steps for ring-fencing reform at Mansion House

More from City PM

  • A meeting with the breakfast king of Mayfair

    Life&Style
    Peter Rosengard seated at his regular table in Claridges, Mayfair, showcasing his daily breakfast routine as a life insura...
  • ‘We’ve got lots of things going for us America doesn’t’: Sadiq Khan on competing with Silicon Valley

    Tech
    Sadiq Khan addressing media at a press conference in formal attire, discussing recent developments in London policies
  • Markets would take Miliband chancellor appointment ‘worse’ than Streeting, predicts Cavendish chief

    Markets
    Skyline of Canada with iconic financial district buildings, highlighting UK investments and economic growth.
  • Ferdinand, Crouch, Foster: How footballers have built media empires for the future

    Sport Business
    GettyImages 2252823665 might depict an important event or figure related to the latest business news.
  • Elevate founder Julia Baldet: Hospitality is brutal, but I don’t regret leaving finance

    Opinion
    Julia Baldet presenting at Elevate conference, discussing business strategies in a professional setting.
  • Formula 1’s governing body wants more races in China and Asia

    Sport Business
    GettyImages 2284466488 shows a significant business event with professionals networking in a modern conference setting.
  • London is Open for Business – But Only If We Get Planning Right

    Partner
    Innovative technology concept with futuristic digital interface and glowing data visuals on a dark background
  • Sports hospitality has never been this good – but which sport does it best?

    Sponsored
    Last week Guild Esports revealed it only had £25,000 left in its accounts, sending its share price plummeting to a record low

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook