Britain leaves the European Union today. It won’t have much impact on markets – we knew it was coming and this just kicks off a long negotiating process - but it’ll probably inspire quite a few headlines.
We also get the latest reading on consumer confidence, which will give an indicator of whether getting the election over with has lifted spirits more generally.
Meanwhile, on the corporate front, broker Hargreaves Lansdown releases its half-year results.Investors will be looking out for any lingering impact that the Neil Woodford debacle has had on the popular investment platform.
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Elsewhere we get the first estimate of eurozone GDP growth for the fourth quarter of 2019. Growth is expected to come in at 0.2% for the period. Inflation data for January is also due. Markets expect an annual rate of around 1.2%, still well under the European Central Bank’s target of just below 2%.
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Shein’s London IPO could go ahead, despite forced labour concernsThe chief executive of the Financial Conduct Authority suggests that alleged human rights breaches aren’t a reason to block Shein’s proposed London IPO
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Elon Musk's $56bn Tesla pay deal rebuffed again by US judgeIt is the second time Musk's pay deal has been rejected, with judge Kathaleen McCormick upholding her previous January decision
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UK wages grow at a record paceThe latest UK wages data will add pressure on the BoE to push interest rates even higher.
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Trapped in a time of zombie governmentIt’s not just companies that are eking out an existence, says Max King. The state is in the twilight zone too.
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America is in deep denial over debtThe downgrade in America’s credit rating was much criticised by the US government, says Alex Rankine. But was it a long time coming?
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UK economy avoids stagnation with surprise growthGross domestic product increased by 0.2% in the second quarter and by 0.5% in June
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Bank of England raises interest rates to 5.25%The Bank has hiked rates from 5% to 5.25%, marking the 14th increase in a row. We explain what it means for savers and homeowners - and whether more rate rises are on the horizon
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UK wage growth hits a record highStubborn inflation fuels wage growth, hitting a 20-year record high. But unemployment jumps
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UK inflation remains at 8.7% ‒ what it means for your moneyInflation was unmoved at 8.7% in the 12 months to May. What does this ‘sticky’ rate of inflation mean for your money?
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VICE bankruptcy: how did it happen?Was the VICE bankruptcy inevitable? We look into how the once multibillion-dollar came crashing down.
