Money Minute, Tuesday 26 November: a glut of UK corporate news

This morning in the UK we get a glut of corporate news.

Turnaround specialist Clive Vacher was hired as chief executive last month and investors will be looking for evidence of a feasible recovery plan emerging from his promise to conduct a detailed review of the business.

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Other companies reporting include catering giant Compass, tiling retailer Topps Tiles, and food producer Cranswick.

Over in the US, we get the latest data on the housing market.Interest rate cuts have driven down mortgage rates, which in turn has given the housing market a boost in recent months.Builders are throwing up more properties, and the latest Case-Shiller index on house prices is likely to show that they have risen modestly in the past year.

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