Wake Up to Money

Trouble in Store

Aug 14, 2025
Simon French, Chief Economist at PAMIO Libram, Jada Glissina, Managing Director at Luminance, and Catherine Shuttleworth, Chief Executive of Savvy Marketing, delve into critical issues impacting retail and the economy. They discuss the collapse of Claire's and its effect on employment, alongside a growing labor crisis in UK farming threatening food security. The trio also emphasizes the need for diverse talent in the evolving AI landscape and the importance of blending interpersonal skills with technical expertise to prepare for future job markets.
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INSIGHT

Q2 Growth Likely Toothless

  • Q2 GDP likely just about positive after weak April and May, implying a broadly flat economy.
  • Simon French warns this soft patch reduces chances of surprise tax revenue for the government.
INSIGHT

No Fiscal Get-Out Card From Growth

  • Businesses can't count on an economic rebound to lift revenues and ease government fiscal pressure.
  • Simon says weak summer data reduces the chance tax receipts outperform forecasts this year.
INSIGHT

Legal-Grade AI For Trust

  • Luminance builds legal-grade AI to let businesses trust automated outputs.
  • Jada Glissina emphasises adaptability across departments and jurisdictions.
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