Features

Money Minute Tuesday 22 October: UK public finances and company updates

In today’s Money Minute, we look ahead to the latest news on the state of the UK’s public finances, and it’s a busy day for big company updates.

This morning in the UK, we get the latest news on the state of the public finances.

Borrowing is expected to have risen in September compared to August, partly due to changes in the way that student loans are treated in the data.With both the government and the opposition promising to keep increasing spending, the public finances have already overshot forecasts and are likely to deteriorate further, regardless of who ends up in power.

For now though, markets couldn't care less and are happy to continue lending to the UK at extremely low interest rates.

It's also a busy day for big companies reporting or updating on their third quarters. Consumer goods giant Reckitt Benckiser, packaging group Bunzl, and builders' merchant Travis Perkins all issue trading updates, while Whitbread owner of the Premier Inn brand reports its half-year results.

Over in the US, meanwhile, companies reporting on their third quarter earnings include fast food giant McDonald's, consumer goods group Procter & Gamble, and motorbike manufacturer Harley Davidson.

Recommended

I wish I knew what contagion was, but I’m too embarrassed to ask
Too embarrassed to ask

I wish I knew what contagion was, but I’m too embarrassed to ask

Most of us probably know what “contagion” is in a biological sense. But it also crops up in financial markets. Here's what it means.
21 Sep 2021
The charts that matter: more pain for goldbugs
Economy

The charts that matter: more pain for goldbugs

Gold investors saw more disappointment this week as the yellow metal took a tumble. Here’s what’s happened to the charts that matter most to the globa…
18 Sep 2021
With the right political will, inflation can be defeated
Inflation

With the right political will, inflation can be defeated

Governments and central banks can easily control inflation, says Merryn Somerset Webb – they just need the will.
17 Sep 2021
Why are energy prices going up so much?
Energy

Why are energy prices going up so much?

UK energy prices are going through the roof, with electricity the most expensive in Europe and gas at its highest for 13 years. Saloni Sardana explain…
16 Sep 2021

Most Popular

The times may be changing, but don’t change how you invest
Small cap stocks

The times may be changing, but don’t change how you invest

We are living in strange times. But the basics of investing remain the same: buy fairly-priced stocks that can provide an income. And there are few be…
13 Sep 2021
Two shipping funds to buy for steady income
Investment trusts

Two shipping funds to buy for steady income

Returns from owning ships are volatile, but these two investment trusts are trying to make the sector less risky.
7 Sep 2021
Should investors be worried about stagflation?
US Economy

Should investors be worried about stagflation?

The latest US employment data has raised the ugly spectre of “stagflation” – weak growth and high inflation. John Stepek looks at what’s going on and …
6 Sep 2021