Week Ahead: MPC unlikely to rock the boat
The Bank of England's Monetary Policy Committee is expected to leave its base rate unchanged; the question is, how many committee members will vote for change?
Company
LON:WTB
Whitbread PLC is the UK's largest hotel and restaurant company operating businesses in the budget hotels and restaurant sectors. Its brands include Premier Inn, Beefeater, Table Table, Brewers Fayre and Taybarns. Whitbread PLC employs over 33,000 people and serves 8.5 million customers every month in its 1500 outlets across the UK.
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The Bank of England's Monetary Policy Committee is expected to leave its base rate unchanged; the question is, how many committee members will vote for change?
Investments and investor services
The FTSE100, which had been just slightly lower at lunch, eased further, ending the day at 6,228, a drop of 46 points
The UK’s main index lost around 8 points to 6,266
Investments and investor services
The FTSE100 ended the day 18 points higher to 6,136 but it was a different story in mainland Europe
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Update - additional companies covered: Gemfields, Stratex International
Investments and investor services
Costa Coffee and Premier Inn owner Whitbread and Holiday Inn-owner Intercontinental Hotels Group did their best to boost the index.
The FTSE 100 Index was 16.47 points adrift at 6335 by lunchtime
Investments and investor services
The FTSE 100 Index rose 9.55 points to 6361 in the first hour of trading
Whitbread reported a 13.8% rise in underlying pre-tax profit to £291.3mln
Pub chain blames higher wage and utility costs for lower profits
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UK shares closed convincingly higher as traders were willing to embrace risk again...
dealers took heart from better-than-expected Chinese trade data
The pub and brewing group expects to save £30mln from buying Spirit
Below are the main news-driven share price movements at 3.30pm.
Dealers took heart from better-than-expected Chinese trade data
Investments and investor services
China's currency reserves shrank at biggest rate ever in August
August trading failed to match strong performance at the same time last year
Berkeley and Whitbread are scheduled to release trading updates on Tuesday,
Consumers have never had it so good, says UBS, which is not necessarily good news for retailers.
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Britain's blue chips closed Thursday over 3% higher as traders put recent worries behind....
Investments and investor services
The FTSE 100 was 40 points lower to 6,670 in early deals this morning.
Premier Inn and Costa Coffee drive first quarter sales
Hardware & electrical equipment
The FTSE 100 was lower at lunch to 6,681 as Greece remains in stalemate with its creditors.
Investments and investor services
Ashtead and Whitbread lead the equity-related news while UK consumer price index and the start of the Federal Reserve means Tuesday is likely to be busy.
Monetary tightening stateside will be a theme next week but there will also be corporate news to chew over for investors, with, notably Poundland (LON:PLND) and home developer Berkeley (LON:BKGH) set to report.
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Monetary tightening stateside will be a theme next week but there will also be corporate news to chew over....