Today’s latest October CPI number is expected to see inflation push above the 3 per cent level for the first time since April 2012
ITV continued to see falling advertising revenues in its third quarter as companies continued the cut back on spending, although it said it expects that to rebound in the current quarter.
The commercial TV giant, which is behind shows like The X Factor and period drama Victoria, posted a 4 per cent decline in net advertising revenues in the three months to the end of September.
ITV is seeking to reduce its reliance on falling advertising revenues, which however still make up about 45 per cent of its turnover.
The group said it expected ad revenues to return to growth in the current quarter, but investors were not reassured. Shares fell almost 4 per cent.
Here’s the full story.
Here’s the full story.
The economy of Italy is seeing accelerating growth – 0.5 per cent in the third quarter, the highest since 2009.
Could provide some comfort after Italy was left out of the World Cup for the first time in 60 years.
Tesco’s £3.7billion takeover of wholesale giant Booker has been provisionally cleared after the Competition and Markets Authority said it does not raise competition concern.
Aviva has snapped up rival Irish insurer Friends First in a £116million deal.
Telecoms giant Vodafone has swung to a half-year profit and upped its growth outlook despite pressures in the group’s India business.
Builder Bovis which has spurned two bidders this year, said it would meet profit expectations in 2017 as its new boss tries to turn the business around.
ITV reported an easing in the television advertising crunch in the third quarter and further good growth in online and overseas sales of its Studios productions.
Smiths Group backs full year 2018 guidance.
Land Securities first half profits up 5.2 per cent, ups dividend by 10 per cent, but warns of Brexit uncertainty.
Computacenter said its trading results for the year would be ‘comfortably in excess’ of its previous expectations as it saw a strong start to the fourth quarter and a growing pipeline for the rest of the year.
Computacenter shares jumped 8.2 per cent.
Mid-cap asset manager Intermediate Capital soared 10 per cent after reporting record inflows.
Profits fell at retirement house builder McCarthy & Stone in its latest financial year despite an increase in revenues, higher average selling prices and a steady number of legal completions
Inflation is expected to accelerate in October to their highest levels in five years.
Bank of England Governor Mark Carney will need to ready his pen to write a letter to the Chancellor to explain what has been going on.
After which, MPs in the House of Commons will debate the contentious EU Withdrawal Bill from 11am onwards, the sprawling legislation that would allow the Government to write a swathe of EU laws into British laws with little oversight.
Having conceded to allow MPs a vote on the final deal, albeit what is seemingly a binary ‘yes or no’ decision, PM Theresa May and Brexit Minister David Davis will be hoping for a more conciliatory tone in parliament..