Wake Up Call: The plunge of the pound

Wake Up Call: The plunge of the pound
The Bank of England decided against raising rates, which pushed down the pound but pumped up the stock market. (Image: Deposit Photos)
Staff reporters
Summary Diwali and Guy Fawkes combine to give farm animals, pets, and hospital emergency departments a miserable few days despite lower firework sales due to The Warehouse pulling out, supply chain disruption and tight Auckland borders preventing distribution. Submissions are due today on proposed adventure tourism controls, prompted by the Whakaari/White Island eruption.Fireworks scarce With Diwali’s five-day celebrations and Guy Fawkes today, supply chain issues and Auckland’s borders have made fireworks scarce for most of NZ...

More Markets

The Warehouse is 'cooked', everyone knows it
Opinion

Simon Robertson: The Warehouse is 'cooked', everyone knows it

Retail is hard because you need to live and breathe it.

Simon Robertson 29 Nov 2025
NZ stocks end firmly as outlook brightens
Markets Market Close

NZ stocks end firmly as outlook brightens

Improved, post-results season sentiment drove NZ stocks higher.

Jamie Gray 28 Nov 2025
The Warehouse Albany and Silverdale could be first in line for store revamp
Retail

The Warehouse Albany and Silverdale could be first in line for store revamp

The Warehouse’s Albany and Silverdale stores could be first in line to undergo an interior revamp, according to chief executive Mark Stirton, who gave an update to shareholders at the company’s annual meeting on Friday.The meeting covered everything from the company’s 2025 financ...

Staff reporters 28 Nov 2025
Westpac cops $3.64m penalty for lender responsibility breaches
Finance

Westpac cops $3.64m penalty for lender responsibility breaches

Credit Contracts and Consumer Finance Act in focus again.

Andy Macdonald 28 Nov 2025