Cookies remember you so we can ensure to give you the best experience possible. By using this website or closing this message, you are agreeing to our cookies and policies

Do not show this message again
UK Insights

Next week’s business highlights from Kantar Media, 7 - 11 May

Sarah Wait

Director of Forward Planning Services

Preview 04.05.2018 / 14:37


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…

Next week’s highlights (7 – 11 May)…

Monday 7 May

UK bank holiday. Financial markets closed

Winner crowned on day two of the World Snooker Championship final at the Crucible Theatre in Sheffield

Tuesday 8 May

RBS Chief Executive Ross McEwan appears before the Scottish Affairs Committee to discuss plans to close 62 branches in Scotland

Director-General of the CBI Carolyn Fairbairn and TUC General Secretary Frances O’Grady speak at Resolution Foundation report launch in London

Institute of Chartered Accountants in England and Wales publish quarterly Business Confidence Monitor

Premier League football fixture: Swansea v Southampton

Wednesday 9 May

Veuve Clicquot Business Woman Award presented in London

Trading updates released by JD Wetherspoon and Greggs  

Annual Scottish Widows Retirement Report published

Royal Windsor Horse Show begins

Thursday 10 May

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

Office for National Statistics publishes UK trade, Index of Production, and Construction output monthly statistics for March

BT Group and News Corp announce latest results

THE PLAYERS Championship golf tournament begins in Florida

Friday 11 May

European Commission President Jean-Claude Juncker gives State of the Union speech in Italy

The Telegraph Business of Sport conference in London

Championship play-off semi-final first leg football fixtures begin

Date for your diary…

13 May 2018

The Sunday Times publishes annual Rich List



Week in Review (30 April – 4 May)

Monday 30 April

Sainsbury’s confirms Asda deal: Sainsbury’s and Asda’s U.S. owner Walmart announced they had agreed terms in relation to a proposed combination of the UK’s second and third largest supermarkets. Both brands would be retained, there would be no planned closures, and prices are expected to fall on many products as a result of the merger. The Competition and Markets Authority said the merger ‘is likely to be subject to review’.

Other news on Monday

  • WPP reported a 0.1% drop in Q1 like-for-like sales in the first set of financial results to be released since Sir Martin Sorrell stepped down as Chief Executive on 14 April
  • Carpetright says it anticipates an underlying pre-tax loss of £7-9 million when it announces full year results on 26 June as shareholders approve Company Voluntary Arrangement
  • Interserve Chairman Glyn Barker says 2017 was an ‘extremely poor’ year for the company as it reports a full-year pre-tax loss of £244.4 million
  • Sushovan Hussain found guilty of fraud by an U.S. court in relation to his time as Chief Financial Officer of UK company Autonomy when it was bought by Hewlett-Packard in 2011
  • Labour Party says it would cap overdraft fees and interest payments

Tuesday 1 May

Matt Hancock updates on Sky and Trinity Mirror deals: The Digital, Culture, Media and Sport Secretary said he will make a decision on 21st Century Fox’s proposed acquisition of Sky by 13 June after receiving the Competition and Markets Authority's final report. He also gave the CMA and Ofcom until 31 May to report to him on Trinity Mirror’s acquisition of the Express and Daily Star newspapers after deciding to issue a Public Interest Intervention Notice.

Other news on Tuesday

  • Royal Bank of Scotland says 162 branches will close and around 792 roles will be made redundant following a review of its branch network in England and Wales
  • Barclays Chairman John McFarlane says at AGM that company has his ’full commitment’ and reiterates board’s support for Chief Executive Jes Staley despite whistleblowing investigation
  • BP, Heathrow, Just Eat and Virgin Money publish latest financial results
  • Aviva announces commencement of £600 million share buyback, a day after announcing goodwill payments to those affected by its preference shares decision
  • Minimum Unit Pricing for alcohol is introduced in Scotland

Wednesday 2 May

TSB bosses appear before MPs: Chief Executive Paul Pester and Chairman Richard Meddings appeared before the Treasury Committee to answer MPs' questions about the problems that have affected TSB customers since a planned IT upgrade by the bank last month resulted in customers being unable to access their online accounts. Pester said he would be giving up a £2 million bonus, but could not say when the problems would be resolved

Other news on Wednesday

  • Cambridge Analytica says it will shut down following the Facebook data harvesting scandal
  • Hamley's owner C Banner International Holdings agrees to buy a 51% stake in House of Fraser, which plans to launch a Company Voluntary Arrangement
  • Ocado announces agreement to develop ICA's online grocery business in Sweden
  • Direct Line, Paddy Power Betfair and Standard Chartered release financial updates
  • British Retail Consortium says shop prices fell by 1% year-on-year in April, the 60th month prices have been deflationary

Thursday 3 May

CIPS / Markit Services PMI published: The Services Purchasing Managers Index showed business activity rose to 52.8 in April, following a 20-month low of 51.7 in March. On Tuesday CIPS and Markit said that its Manufacturing PMI fell to a 17-month low of 53.9 in April and on Wednesday it said its Construction PMI was 52.5, up from the 20-month low in March and the highest level since November 2017.

Other news on Thursday

  • Ofcom survey reveals TalkTalk customers were the least likely to recommend their broadband provider to friends
  • Glencore, Rolls-Royce and Trinity Mirror publish their latest figures
  • Wizz Air announces it has been granted a UK operator certificate and licence for its subsidiary Wizz Air UK, as part of its Brexit contingency plan
  • Arora Group publishes proposal for a new 'Western Hub' terminal at Heathrow Airport
  • Virgin Media announces it will close its Swansea call centre with the loss of 772 jobs

Friday 4 May

UK car sales rise in April: Society of Motor Manufacturers and Traders said UK new car registrations rose by 10.4% in April compared to the same month last year. It said several factors had affected this rise, including Vehicle Excise Duty changes last year, and that the overall new car market remained down so far in 2018.

Other news on Friday

  • Norwegian Air Shuttle says it has rejected two takeover offers from IAG. British Airways owner IAG also reports a 75% rise in first quarter operating profit before exceptional items
  • HSBC reports a fall in first quarter pre-tax profits and announces plans for a $2 billion share buy-back
  • Financial updates also published by Games Workshop, InterContinental Hotels, Numis and Pearson
  • Jacques Vert owner Calvetron Brands, which employs 1,000 people in the UK, announces appointment of administrators
  • Financial Conduct Authority calls for more innovation to help consumers find the best mortgage deal

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

Source : Kantar Media

Latest Stories

Kantar’s Arpapat Boonrod (Nokki), CEO for Kantar’s Insights division in Thailand, discusses her ESOMAR-award winning research into voice assistants.

Starting with Blue Monday, this week also sees the World Economic Forum Annual Meeting in Davos.

In an effort to reduce plastic usage, UK consumers are turning to good old-fashioned bar soap, finds Kantar Worldpanel.

MPs will vote on May's Brexit deal, as the Strictly Live Tour kicks off in Birmingham.

Related Content