Money Minute Thursday 13 February: latest numbers from Barclays and Centrica
Today's Money Minute previews earnings reports from Barclays Bank and Centrica, plus the latest US employment picture
Good morning and welcome to Money Minute, where we preview the day's biggest financial stories.
On the corporate front in the UK this morning, Barclays bank delivers its annual results. Profits after all the usual “exceptional" costs are expected to come in ahead of last year, at just over £6 billion.
British Gas owner Centrica also reports its full-year figures. Investors will be paying attention to the damage done by the impact of the government’s energy price cap.
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Over in the US, we get the usual weekly initial jobless claims data. The US labour market has continued to be strong, and so far shows few signs of slowing down.
The latest report on US consumer price inflation is also due. Core consumer prices are expected to have risen at an annual rate of 2.2% in January. That would be a dip on December’s reading of 2.3%, and certainly tame enough to keep the US central bank – the Federal Reserve – from raising interest rates any time soon.
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