Georgie Frost was joined this morning by Nigel Cassidy to speaking on the latest market headlines, starting with that major company announcement this morning from Weetabix. Plus we hear from Lloyds Banking Group also making the headlines.
The UK's retail sector enjoyed a much needed boost over the Easter weekend, with both footfall and card spending seeing a year-on-year rise. London's West End experienced a surge in shoppers over the holiday period, with a footfall increase of 6.8 per cent between Good Friday and Easter Sunday. This compares with a smaller increase in footfall across the whole country between Friday and Sunday.
Internet ad spending in the UK has passed £10bn for the first time last year. Companies are now spending more than double on mobile video ads as Brits watch clips, TV and movies on smartphones. Internet giant Google has benefited from the surge in internet advertising – but now faces a row over ads appearing next to extremist videos on YouTube.
New Crossrail 1, or Elizabeth line, trains are set to start running between Liverpool Street and Shenfield next month. But what about Crossrail 2? Council leaders from London and the South East have urged the government to green light public funding for the £30bn project.
There have been modest losses for some markets in Asia. Analysts say that political tensions over North Korea are causing some caution among investors. But Japanese shares were up, sending the Nikkei 225 index to its highest level in three weeks. A slump in the yen created buying opportunities in shares of exporting companies, including car makers Nissan and Honda.
Trump sends US dollar down after saying 'it's getting too strong'
Steve ClarkeOriginal Broadcast:
Share Radio Afternoon
Trump's latest remarks about the US dollar strength has triggered a currency drop, and in an interview he also said his administration will not label China as a 'currency manipulator', contradicting a promise made during his campaign. To discuss this and today's other major economic stories, Share Radio's Steve Clarke was joined by Adrian Lowcock, Investment director at Architas.
This week we're looking at the details of gender pay gap reporting, which comes in from this April and applies to employers with over 250 employees. And also hear about the recent Employment Appeal Tribunal case involving a nurse that was sacked because her employer (NHS trust) could not discover her true identity.
Today on the agenda, Juliette Foster and Russell Quirk of Emoov discussed Britain's "stagnant" housing market showing the number of properties for sale hitting new record lows. Plus they look into vinyl music is enjoying a major revival as music buffs shun digital downloads and dust off their old-fashioned turntables instead. All these stories and more on The News Review.
Its been a bad week for the Foreign Secretary Boris Johnson after his failure to have further sanctions imposed on Russia - was he out of his depth? How will Johnson's failure reflect on Theresa May? She appointed him into a job that some claim he wasn't capable of carrying out. To answer more on this, Juliette Foster spoke to Josh Lowe of Newsweek.
Joining Juliette Foster to discuss the latest market headlines was Nigel Cassidy, starting with Imperial Leather soap firm PZ Cussons and Hays - the leading British company providing recruitment and human resources services - announcing their results. Plus Nigel touches on the latest RICS Residential Market Survey this morning, revealing what the survey found.