Damn dalmatian! Fury erupts after David Jones cancels Christmas window display to promote joy of … its loyalty program

Two weeks out from Christmas, the footpath outside Sydney’s flagship David Jones store would usually be packed with eager-eyed families lining up to view the retailer’s traditional festive window display.But on Friday morning, Elizabeth Street was mostly empty. An upset-looking child in a pram stared forlornly at a Valentino advertisement.Sydneysiders have come out swinging after the department store replaced its famous Christmas window display with a celebration of its new loyalty program and associated mascot, Domino the dalmatian.Sign up: AU Breaking News emailA David Jones spokesperson said the company understood “how deeply sentimental the Christmas windows are for many families”, adding it “truly appreciated the feedback”

Card Factory issues shock profit warning during peak Christmas period

Card Factory has delivered an unwelcome early Christmas surprise for investors by issuing a shock profit warning during the greetings card retailer’s peak trading period, which sent shares plunging by more than a fifth.The retailer, which also owns the online card and gift brand Funky Pigeon, said economic pressure on shoppers has hit confidence in its most important trading period of the year.“Over recent months, the pressures facing the UK consumer have been well publicised,” the company said in a trading update. “It is an inescapable fact that these pressures have impacted consumer confidence and shopping behaviour, contributing to soft high street footfall.“Those conditions have persisted as we moved into our most important trading period, leading to a UK store sales performance which is lower than our previous expectations

MPs announce inquiry into work of Office for Budget Responsibility

MPs have launched an inquiry into the role and performance of the Office for Budget Responsibility.The all-party Commons Treasury committee will investigate the independent agency’s forecasting performance and impartiality before considering whether reforms are needed 15 years after the OBR was set up by George Osborne when he was Tory chancellor.MPs on the committee are understood to be concerned after a row broke out between the OBR and the chancellor, Rachel Reeves, over budget briefings.Richard Hughes, the OBR’s then boss, complained to senior Treasury officials in the run-up to the budget about a flurry of leaks he said had spread “misconceptions” about the agency’s forecasts.He later cast doubt on claims that Reeves dropped plans to raise income tax in the budget because of rosier forecasts, pointing out that she knew about these well before the change of heart

Want job security in the age of AI? Get a state license – any state license

When I was in college and didn’t know what to do with my life, my dad offered this career advice: be a certified public accountant. Why?“Because,” he said. “People will always need their taxes done. They’ll always need financial advice. With a CPA license, you can always hang out a shingle and put food on the table

Zipcar’s rivals consider London expansion after it reveals UK exit

Several car-sharing companies are considering launching or expanding in London, with the imminent closure of Zipcar’s UK operation leaving a large gap in the market in one of Europe’s biggest cities.Free2Move, owned by the carmaker Stellantis, said it was “closely monitoring the London market”, and “actively assessing” options for its services. It already operates fleets in cities including Berlin, Paris, Rome and Washington DC.Enterprise Car Club, which already has some cars in London, said it “will continue to seek out opportunities to expand our network and provide people with alternative transport options by the hour or day”.Co Wheels, which operates across the UK and with a handful of cars in the capital, said it was “actively discussing” options with several London boroughs in recent days

Trump demands Fed listen to him as he lines up new leader: ‘I’m a smart voice’

Donald Trump declared he “should be listened to” by the Federal Reserve, as he weighs candidates to lead the central bank amid an extraordinary campaign by the White House to exert greater control over its decisions.The US president said on Friday that former Fed governor Kevin Warsh is currently top of his list to chair the central bank.Jerome Powell, the current Fed chairperson, is scheduled to finish an eight-year stint in the role next May. He has repeatedly defied Trump’s demands for drastic cuts to interest rates, prompting the president to launch a string of public attacks.Trump is also considering his adviser Kevin Hassett, who leads the National Economic Council, as a potential chair of the Fed