Money Minute Tuesday 11 February: how the UK economy is doing

In today's Money Minute we get the latest figures on the UK's economic growth, plus trading updates from the AA and TUI and full-year results from Ocado.

Good morning and welcome to Money Minute, where we preview the day's biggest financial stories.

Today in the UK we get the initial estimate for fourth quarter GDP growth. The UK’s economic output is expected to have increased by a fairly mediocre 0.9% year on year. However, more recent data suggests that activity has picked back up since the election - although the potential impact of coronavirus on global growth remains to be seen.

In corporate news, we get a trading update from troubled motoring services group AA and first quarter earnings from tour operator TUI. We also get full-year results from grocery delivery specialists Ocado. Investors will be particularly keen to hear how the company’s tie-up with Marks & Spencer is going.

Over in the US, voting in the New Hampshire primary takes place today. Bernie Sanders, Pete Buttigieg and Mike Bloomberg currently look like the front runners, with previous favourite Joe Biden close to written off.

However, whoever they plan to vote for, Democrats across the board will be hoping that it all goes more smoothly than the Iowa debacle.

Recommended

Money Minute Thursday 9 January: EU withdrawal, plus eurozone and US jobs figures
Economy

Money Minute Thursday 9 January: EU withdrawal, plus eurozone and US jobs figures

Today's Money Minute looks ahead to the vote on the government's EU withdrawal bill and the latest employment figures for the eurozone and the US.
9 Jan 2020
Money Minute Wednesday 8 January: UK house prices and Chinese inflation
Economy

Money Minute Wednesday 8 January: UK house prices and Chinese inflation

In today's Money Minute we look ahead to the latest report on house prices from Halifax; plus inflation in China and European business confidence.
8 Jan 2020
Money Minute Tuesday 7 January: will US services fare better than manufacturing?
Economy

Money Minute Tuesday 7 January: will US services fare better than manufacturing?

Today's Money Minute looks ahead to the latest figures from America's services sector, plus the health of the eurozone's retail sector.
7 Jan 2020
Money Minute Monday 6 January: the week ahead
Economy

Money Minute Monday 6 January: the week ahead

In today's Money Minute, we take a look ahead to this week’s biggest financial stories, including UK house prices and American wages.
6 Jan 2020

Most Popular

The Bank of England should create a "Bitpound" digital currency and take the world by storm
Bitcoin

The Bank of England should create a "Bitpound" digital currency and take the world by storm

The Bank of England could win the race to create a respectable digital currency if it moves quickly, says Matthew Lynn.
18 Oct 2020
Don’t miss this bus: take a bet on National Express
Trading

Don’t miss this bus: take a bet on National Express

Bus operator National Express is cheap, robust and ideally placed to ride the recovery. Matthew Partridge explains how traders can play it.
19 Oct 2020
Three stocks that can cope with Covid-19
Share tips

Three stocks that can cope with Covid-19

Professional investor Zehrid Osmani of the Martin Currie Global Portfolio Trust, picks three stocks that he thinks should be able to weather the coron…
12 Oct 2020