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UK Insights

Next week’s business highlights from Kantar Media, 5 - 9 February

Sarah Wait

Director of Forward Planning Services

Preview 02.02.2018 / 15:00


Read a preview of the week ahead, and a review of the previous week, from our global forward planning services.

What major events and stories do you need to know about? Plan your week with the Forward Planner insights from Kantar Media…

Monday 5 February

TheCityUK launches its ‘Exporting from across Britain – financial and related professional services’ report

Ryanair announces Q3 results

EY ITEM Club Winter Economic Forecast for the UK economy released

Premier League football fixture: Watford v Chelsea

Tuesday 6 February

Treasury Committee pre-appointment hearing for Elisabeth Stheeman as an external member of the Financial Policy Committee

BRC-KPMG Retail Sales Monitor and Kantar Worldpanel grocery market share figures published

Results announced by BP and Ocado

International Olympic Committee (IOC) Session begins in South Korea

Wednesday 7 February

Halifax House Price Index published

Liaison Committee takes evidence on the cross-government response to the collapse of Carillion

GlaxoSmithKline and Rio Tinto announce latest results

Twenty20 International (T20I) cricket fixture: Australia v England

Thursday 8 February

Bank of England’s Monetary Policy Committee announces its latest interest rate decision

Results announced by Twitter, Manchester United, TalkTalk and News Corp

RICS Residential Market Survey published

Snooker Shoot Out tournament begins in Watford

Friday 9 February

ONS publishes December UK trade, Index of Production, and Output in the Construction Industry monthly statistics

Apple’s new HomePod begins shipping

Nationwide Building Society Interim Management Statement released

PyeongChang 2018 Winter Olympic Games Opening Ceremony


Date for your diary… 31 May 2018

G7 Finance and Development Ministers and Central Bank Governors meeting in Canada



Week in Review (29 January – 2 February)

Monday 29 January

Work and Pensions Committee Chairman criticises Carillion: Frank Field said that the company, which entered liquidation in January, had tried to ‘wriggle out of its obligations to its pensioners for the last 10 years’. His comments came on the same day the Financial Reporting Council opened an investigation into KPMG’s audit of Carillion’s financial statements.

Other news on Monday

  • Centre for Cities says automation and globalisation will boost jobs across the country, but could compound Britain’s North / South divide
  • CBI and PwC reveal 9 in 10 financial services firms see Brexit as the most serious threat to UK's status as a financial centre
  • Retailer East and the owner of clothing label Joe Bloggs both go into administration
  • easyJet announces CEO Johan Lundgren will voluntarily reduce his salary to match that of his predecessor Carolyn McCall to show his personal commitment to equal pay for men and women
  • Thomas Cook launches ‘Choose Your Favourite Sunbed’ service allowing holidaymakers to choose their sunbed

Tuesday 30 January

Mark Carney and RBS bosses appear before Parliamentary committees: House of Lords Economic Affairs Committee held its annual evidence session with the Bank of England Governor, and the Treasury Committee questioned RBS Chief Executive Ross McEwan and Chairman Sir Howard Davies on the bank’s treatment of SMEs.

Other news on Tuesday

  • Work and Pensions and BEIS Committees hold evidence session with Carillion pension scheme trustees
  • Leaked Government document says the UK economy will grow more slowly in all Brexit scenarios
  • Ryanair confirms it has signed a formal Union Recognition agreement with the British Airline Pilots Association
  • Hometrack House Price Index reveals the level of discounting for asking prices is increasing in London
  • Domino’s Pizza Group says the first day of ‘The X Factor’ final on 2 December was the catalyst for their biggest day of sales for the year

Wednesday 31 January

UK annual car production falls for the first time since 2009: Society of Motor Manufacturers and Traders data revealed a decline of 3% in car manufacturing in 2017, with domestic demand down 9.8%. The trade body said ‘the market responded to declining business and economic confidence and confusion over government’s policy on diesel’

Other news on Wednesday

  • Capita shares fall following update on the company’s transformation, capital structure, funding and trading outlook
  • Marks & Spencer reveals plans to close up to 14 stores, in addition to the repositioning of its 25% clothing and home space announced in November 2016
  • LINK unveils measures to incentivise the shift of free ATMs from city centres to rural and less-affluent communities  
  • GfK says UK consumer and business confidence increased in January
  • Creditors vote to accept Byron Hamburgers company voluntary arrangement

Thursday 1 February

Shell reports big rise in profits: Royal Dutch Shell’s CEO Ben van Beurden said ‘2017 was a year of strong financial performance for Shell’. Other companies to announce results on Thursday included AG Barr, Rank, Unilever, and Vodafone.

Other news on Thursday

  • CIPS / Markit UK Manufacturing PMI drops to 55.3 in January, its lowest level since June 2017
  • Morrisons announces 1,500 job cuts
  • BT Openreach announces acceleration of its broadband build programme to make Fibre to the Premises available to three million UK homes and businesses by the end of 2020
  • CWU announces agreement with Royal Mail on pay, pensions and working conditions, to be recommended to its 110,000 postal members in a forthcoming national ballot
  • Nationwide says house prices increased by 0.6% in January compared to the previous month and by 3.2% compared to January 2017

Friday 2 February

BT announces Q3 results: Reported revenue was down 3% and underlying revenue down 1.5% in the third quarter of 2017 compared to the same period in 2016, but there was a 25% rise in pre-tax profit and the company maintained its full year outlook. AstraZeneca and TSB Bank’s Spanish owner Sabadell also announced results on Friday

Other news on Friday

  • Theresa May concludes her visit to China, having secured deals worth more than £9.3 billion
  • CIPS / Markit Construction PMI falls to a four-month low of 50.2 in January
  • Official Receiver says 919 jobs have been saved at Carillion, but 377 staff will be made redundant
  • Purplebricks contests criticism of its business model contained in a Jefferies research report
  • Lloyds Bank report says city homes are at their least affordable in a decade

Find more information on Forward Planner here, and get in touch if you are interested in the service. 


Source : Kantar Media

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