P505 Teletext 505 Dec11 23:18:20       ————————————————  —————————  US RATES SET TO MOVE ABOVE EUROPE'S ity eyes will again be on the sickly dollar this week, with US interest rates set to go above the euro-zone's for the first time since April 2001. Although America's unemployment is coming down more slowly than expected, the Federal Reserve will probably agree a further 0.25% rate hike on Tuesday. If so, it will be the fifth such rise in under six months, taking US rates to 2.25% against 2% in the EU-zone. ——————————————————————————————————1/7—— by Graham Buck BACK A WINNER WITH RACING NEWS p550 Company Statistic Take stock Racing
P505 Teletext 505 Dec11 23:11:17       ————————————————  —————————  LITTLE SCOPE FOR JOBLESS TO GO LOWER The jobless figure here in the UK has steadily come down over 12 years, but data in recent months indicates the decline has now ground to a halt. The November total is due on Wednesday, when average earnings figures are likely to show wage deals are still modest despite a tight labour market. The average excluding bonues has been stable at 4.3%, but including bonuses the figure is even lower at 3.7%. ——————————————————————————————————2/7—— Water utilities tap into gains 508 BE TOTALLY ENTERTAINED p300 Company Statistic Take stock Racing
P505 Teletext 505 Dec11 23:16:17       ————————————————  —————————  INFLATION FIGURES TELL TWO TALES Inflation data for last month due on Tuesday will show the consumer prices index measure, currently 1.2%, still subdued despite higher fuel costs. With the CPI being the Government's preferred measure in the past year, less attention is now paid to the retail prices index, or RPI. This has edged up in recent months - in October from 3.1% to 3.3% - which may explain why few are feeling better off. ——————————————————————————————————3/7—— Statistic of the Week 507 BE TOTALLY ENTERTAINED p300 Company Statistic Take stock Racing
P505 Teletext 505 Dec11 23:12:04       ————————————————  —————————  LITTLE CHRISTMAS CHEER FOR INDUSTRY Hopes that official data might show UK manufacturing output struggling back to life received a further blow last week. The Confederation of British Industry's final report of this year on industrial trends, out on Monday, will show if the figures paint too bleak a picture. The CBI's last report suggested growth was sluggish, with higher costs but little leeway to raise prices and a cutback on company investment plans. ——————————————————————————————————4/7—— City diary for the week ahead 528 BE TOTALLY ENTERTAINED p300 Company Statistic Take stock Racing
P505 Teletext 505 Dec11 23:17:11       ————————————————  —————————  MIXED UPDATES DUE FROM FOOTSIE TRIO Wednesday offers the City a brace of blue-chip trading updates. Chocolate to soft drinks group Cadbury Schweppes has already warned investors that results will come in at the low end of forecasts, due to a damp summer. Building materials group Hanson also disappointed with lower first-half earnings, but better news should come from B&Q stores owner Kingfisher, now expanding its DIY empire in China. ——————————————————————————————————5/7—— Top movers on the week 513 BE TOTALLY ENTERTAINED p300 Company Statistic Take stock Racing
P505 Teletext 505 Dec11 23:16:37       ————————————————  —————————  HBOS APPETITE DOESN'T EXTEND TO PRU Other trading updates due this week include banking giant HBOS on Tuesday. The group, parent of mortgage lender the Halifax, backed off competing to take over Abbey National. It has since scotched rumours it might follow-up with a £9bn bid for the Prudential. Cement producer RMC, due on Thursday, is about to be acquired by Mexico's Cemex. Engineering group IMI follows on Friday and enjoyed a strong first-half. ——————————————————————————————————6/7—— Company of the Week 506 BE TOTALLY ENTERTAINED p300 Company Statistic Take stock Racing
P505 Teletext 505 Dec11 23:17:14       ————————————————  —————————  ALSO REPORTING THIS WEEK... Finals from First Choice Holidays on Tuesday follow an upbeat report six weeks ago, when it said early bookings for next summer had surged by 20%. Software and IT services group Civica follows on Thursday, boosted by its new contract win from Richmond Council. First-half figures from motor dealer Reg Vardy on Wednesday follow slower new car sales in the summer, but the group thinks the outlook is bright. ——————————————————————————————————7/7—— Full personal finance index 530 BE TOTALLY ENTERTAINED p300 Company Statistic Take stock Racing