Money Minute Tuesday 3 December: Cineworld trading update and eurozone prices
Today's Money Minute previews trading updates from Cineworld, plus plumbers' merchant Ferguson, and producer prices in the eurozone.
This morning in the UK, cinema group Cineworld delivers a trading update.The company which acquired American chain Regal last year has been targeted by short sellers in recent months.
With streaming firmly embedded in most households, the box office faces tough competition from the likes of Netflix and Amazon Prime.Investors will focus on whether big releases such as Joker, and whatever the latest instalment in the interminable Star Wars saga happens to be, can still drag viewers from the comfort of their couches and help Cineworld to pay off its hefty debt pile.
There's also an update from plumbers' merchant Ferguson, which may give investors an insight into the state of housing markets in both the UK and the US.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Over in the eurozone, we get the latest news on pipeline' inflation, or to give it the official name, producer price inflation.Producer prices are actually falling on an annual basis right now in the eurozone, and October's data is likely to show that continuing.
-
Should you invest in UK equities?
The FTSE 100 hit a record high this week, but UK equities remain unloved and undervalued compared to their global and US peers. Should you snap them up at a discount?
By Katie Williams Published
-
State pension errors: DWP urged to check for mistakes among divorced people
Former pensions minister Steve Webb says there are a high number of divorced women on low state pensions. Now MPs want the DWP to check if there were any errors in “potentially underpaying men and women who are divorced”.
By Ruth Emery Published