On the latest Market Wrap, US unemployment rate fell to its lowest level in almost a decade in March, and the pound fell today following the release of weaker-than-expected UK economic data. Simon Rose was joined by Share Radio's Senior Analyst Ed Bowsher.
On the latest Market Wrap, Unilever is selling off its underperforming margarine division after rejecting a £115 billion takeover offer from Kraft Heinz last February. Plus, The Co-operative Group has reported an annual loss of £132 million after writing off its 20% stake in the Co-op Bank. Simon Rose was joined by Share Radio's Senior Analyst Ed Bowsher.
On the latest Market Wrap, the resilience of the pound in the face of Article 50 uncertainty, hitting a fourth week high against the euro. Plus, Lloyd's of London will establish a new European subsidiary in Brussels to make sure business will carry on 'without disruption' after Brexit. Share Radio's Simon Rose was joined by financial commentator Rodney Hobson.
On the latest Market Wrap, former Barclays Chief Executive Bob Diamond has launched a takeover bid for stockbroker and investment bank Panmure Gordon. Housebuilder Berkley Group has today signalled strong profits after signalling that the London housing market is stabilising. All this and more with Share Radio Senior Analyst Ed Bowsher.
On the latest Market Wrap, mining company Anglo American's shares jumped almost 9% after Indian billionaire Anil Agarwal said he would buy a 12% stake in the company. The Bank of England voted to keep interest rates unchanged at 0.25%, but one of the Monetary Policy Committee members expressed concerns over inflation. Finally, sales have fallen at Sainsbury's during the first nine weeks of the year, but the newly-acquired Argos reported a strong growth.
On today's Market Wrap, we discussed BT's share price ending up over 5% after the agreement with the Ofcom over the separation of its OpenReach division; and William Hill's shares ended 1% up after Philip Bowcock was confirmed as the news Chief Executive. Plus, non-farm payroll figures were released showing that US employers added 235,000 jobs in February.
Share Radio's Simon Rose brings you Market Wrap, a roundup of what's been happening in the businesses of Britain and the world. To help rattle through the day's events, Simon was joined by Share Radio's Senior Analyst Ed Bowsher. They discussed: Culture Secretary Karen Bradley said she's likely to order an Ofcom investigation into the planned £18.5bn takeover of Sky by 21st Century Fox; advertising giant WPP warned that sluggish economic growth could hit revenues; UK service sector growth eased on a five-month low in February.
We looked back on the corporate week and look-ahead to what we can expect in the next 7 days on the business calendar. Share Radio's Simon Rose was joined by the Share Centre's Investment Research Analyst Ian Forrest.
Share Radio's Simon Rose brings you Market Wrap, a roundup of what's been happening in the businesses of Britain and the world. To help rattle through the day's events, Simon was joined by Share Radio's Senior Analyst Ed Bowsher. They discussed: Snap, the parent company of Snapchat, floating on the New York Stock Exchange; Agent Provocateur has entered administration and been bought by Mike Ashley's discount retailer Sports Direct; aerospace and technology group Cobham has asked shareholders for a £500m injection to repair its finances, the second time in eight months.