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

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.

Article continues below

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

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

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.

Explore More

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.