The Retail Sector in 2019: Can Debenhams follow the strategy of Next? Companies in the retail sector have not been at their best lately, with major names such as toys retail giant Toys R’ Us officially closing down last year. Following a disastrous end in 2018 for the entire sector, where the General Retailers…
UK Housing Market Overview The UK housing market is posting a grim picture after rallying for five years straight on the back of eased monetary policies in the EU region. House ownership survey 2017-18, by English Housing Survey, estimated that 14.8 million out of a total 27 million households ‘owned’ houses either directly…
UK Manufacturing in August The Confederation of British Industry’s (CBI) monthly manufacturing survey released this week saw productivity in the sector stabilise after months of the downward trend. The data released was based on the output of 286 manufacturers. In the survey, increased domestic and export orders signified that the manufacturing sector is stabilising…
What does the Greene King price surge mean for the pub trade? One of the big winners this week has been pub chain Greene King, with share prices soaring by 51% after a takeover offer from Hong Kong fund management firm CK Asset was agreed. In the second largest UK inbound deal of the…
Chinese Reprieve boosts Apple and Gap, Global Recession Fears Continue Tech giant Apple received a boost this week, as the US president delayed tariffs on $300 billion worth of Chinese goods, including laptops and mobile phones. Trump’s threat to impose the tariff from the 1 September caused Apple’s share price to fall by 6%…
UK Second Quarter GDP Official data on Friday showed second-quarter GDP contracting by 0.2%. This means the British economy shrank for the first time since 2012. Almost all analysts had predicted GDP to go down from the first quarter’s 0.5% growth, but nobody expected to see the economy contracting. Most analysts were expecting flat line…