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Superdry Commits to Staying Public, for Now: The London Rush

Photographer: Brent Lewin/Bloomberg
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Superdry’s listing in London hasn’t necessarily been kind to the brand — the shares are currently valued at less than a quarter of the price at which they went public more than a decade ago. That’s given rise to reports founder Julian Dunkerton might delist it. Dunkerton this morning said there are no plans to take the company private "at the moment."

Prepare also today for more debate surrounding the extraordinary amount of cash oil and gas companies have made from higher prices. Shell Plc smashed its previous earnings record, beating analyst estimates for another quarter. Those prices drive inflation, which the Bank of England is hoping to tame with another expected rates hike at midday. Watch closely for signs the committee might take its foot off the gas a little.