The four indices had each closed at record highs every day for the past four trading days — a feat last achieved in June 1995, according to FactSet data. But the risk-on rally came to an end on Thursday as investors appeared to pause and take stock as they awaited more details on Donald Trump’s tax policies. To get a sense of the market mood at the end of another trading week, Nigel Cassidy was in the company of top Share Radio Breakfast analyst Chris Bailey of Financial Orbit.
Warm Up are big in underfloor heating. The NW London- based manufacturing company have made and sold more than 2 million systems installed in over 20 years of trading.
Their multinational EU staff in London and the favourable unified regulations for what they sell are all thanks to the EU single market. Joining Nigel Cassidy is Warmup’s Chairman, Andrew Stimpson.
Toshiba has launched a probe into potential misconduct following the fallout of their US nuclear deal.
Analysts say they vastly overpaid for Westinghouse, which they bought in 2006.
Shares have tumbled 10% after the electronics conglomerate said it would book a $6.3 billion hit.
In the UK, the company building a new nuclear plant in Cumbria has given assurances the project will go ahead, despite Toshiba owning a 60% stake.
Share radio's james Brydges spoke to Seijiro Takeshita, Professor of Management and Information, from the University of Shizuoka.
He told us this was the latest in the long line of setbacks for Toshiba
Companies vying to build nuclear power stations in the UK have been told they must offer lower electricity prices than that approved for the Hinkley Point plant last year. Government officials have indicated that future projects will be expected to deliver a discount of at least 15-20% on the price of electricity from the £18bn Hinkley plant in Somerset - a settlement widely criticised for its high cost. To discuss this further, Dr Jenifer Baxter, Head of Energy and Environment at the Institution of Mechanical Engineers, joined Nigel Cassidy on Share Radio Breakfast.
Champagne drinkers in Britain face higher prices in the next year as the impact of the Brexit vote on the pound takes its toll.
That's according to the Wine and Spirit Trade Association.
A triple whammy of Brexit, inflation and possible rising alcohol duty is forecast to push up the prices of champagne and prosecco in the UK by £1 and 59p per bottle respectively.
Share Radio's James Brydges has been speaking to Miles Beale, chief executive of the Wine and Spirit Trade Association.
Yesterday brought the latest UK inflation figures, which came in at 1.8% - the highest for two and half years. Right on cue a report has been released by GfK, a market research institute, looked into consumer attitudes to prices. They asked about views of how prices have developed over the last 12 months, and expectations for the next 12 months. Joining Nigel in the studio is Joe Staton, Head of Market Dynamics at GfK to give his analysis.
Rolls-Royce has recorded a £4.6bn loss as the aero-engine firm absorbs the effect of its £671m settlement with regulators for past bribery and corruption. It is also battling a weaker pound. Alongside this Rolls-Royce reported plans to launch its first fleet of crewless ships by 2020. The move has been criticised by workers' unions and analysts, who have voiced concerns over the impact on jobs and the reduction in protection from privacy. Joining Nigel Cassidy to discuss the trials and tribulations of Rolls-Royce is Gaurav Sharma, Business Editor with the International Business Times.
Major supermarkets in the UK have introduced rationing on certain fresh vegetables.
Tesco is limiting shoppers to three iceberg lettuces, Morrisons to two.
Last month, we heard about the courgettes, but snowy conditions in Spain, Italy, and Greece are affecting the growth and availability of other leafy produce as well.
Share radio's James Brydges spoke to Duncan Brewer, Partner of Retail practice at management consultants Oliver Wyman.
It seems consumers tightened their purse strings at the start of this year. According to the latest figures, January sales failed to stop spending on clothing falling at the fastest pace in nearly five years. Visa's UK Consumer Index says face-to-face spending on the high street recorded an annual fall of 3.1 per cent last month. Nigel Cassidy was joined by Diane Wehrle, Marketing and Insights Director at Springboard to discuss further.
UK plc has posted positive results in turbulent times, as revenues climb to new records and profitability improves. That's according to new research from the Share Centre. Revenues climbed by 5.5% to £116bn, a fourth quarter record for companies, helped by the weak pound. Gavin Oldham, founder of the Share Centre sat down with Share Radio's Ed Bowsher to discuss more.
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