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....95 million new subscribers in the quarter, fewer than the 5. 2 million it had forecast. ... [Read full article on BBC ]
Monday 17th of April 2017 09:40:50 PM
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....I suspect the locals are shocked that a walk in Snowdonia should be associated with an election whose manifesto, the Daily Mail tells us, will herald “Theresa’s Cast-Iron Brexit Pledge”. I did not get where I am today forecasting the results of elections, and have never forgotten my failure, along with the economist Roger Bootle, to take advantage of the odds of 6-1 against the Conservatives being offered by bookmakers at Ascot the day before the 1992 election. ... [Read full article on Guardian ]
Sunday 23rd of April 2017 05:59:05 AM
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.... . The report forecasts global growth this year of 3. ... [Read full article on BBC ]
Tuesday 18th of April 2017 01:01:41 PM
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Sunday 23rd of April 2017 09:16:09 PM
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....4% to $735m (£574m) for the three months to 31 March. That was the biggest slide since 2009 and short of the $801m forecast. ... [Read full article on BBC ]
Thursday 20th of April 2017 10:30:59 PM
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.... It said Primark "performed well in the highly competitive UK market" and saw a "strong" increase in market share. "The impact of the US dollar's strength on Primark's input costs have been well flagged and our commitment to price leadership in clothing retail has seen, as forecast, a decline in its operating margin," added Mr Sinclair. ... [Read full article on BBC ]
Wednesday 19th of April 2017 07:00:40 AM
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....But John Goodall, chief executive of buy-to-let specialist Landbay, warns that rents are likely to rise if lending to landlords is cut off. “Most forecasters expect continued high demand for rental properties. ... [Read full article on Guardian ]
Saturday 22nd of April 2017 05:59:06 AM
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....". Morgan Stanley's profits and revenue growth beat analysts' forecasts. ... [Read full article on BBC ]
Wednesday 19th of April 2017 12:27:31 PM
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.... Christine Lagarde, the fund’s managing director, radiated optimism. For a change growth forecasts were revised up. ... [Read full article on Guardian ]
Sunday 23rd of April 2017 02:02:46 PM
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.... Sophisticated meters that determine grape sugar levels allow growers to determine the best picking period in what can be a few brief days to harvest the crop. More precise meteorological forecasts have also helped the English to cope with one of the world’s most changeable weather systems. ... [Read full article on Guardian ]
Tuesday 18th of April 2017 06:30:21 AM
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. The International Monetary Fund has revised up its UK growth forecast for the second time in three months after admitting that the performance of the economy since the Brexit vote last year had been stronger than expected. ... [Read full article on Guardian ]
Tuesday 18th of April 2017 01:00:29 PM
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....That number was hurt by the impact of currency fluctuation and sale of an ice cream business. KitKat maker Nestle misses forecasts as profit falls. ... [Read full article on BBC ]
Thursday 20th of April 2017 08:45:55 AM
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....”. Deutsche Bank declared that the general election was a “game changer” for the pound, forcing it to tear up its sterling forecasts. ... [Read full article on Guardian ]
Tuesday 18th of April 2017 05:11:25 PM
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.... Brexit was one manifestation of the political backlash that inevitably resulted from the failure to ensure that the fruits of economic growth are more evenly distributed. The IMF has not really changed its view that leaving the European Union will be bad for the UK, despite revising up its growth forecasts twice in the past three months. ... [Read full article on Guardian ]
Thursday 20th of April 2017 05:53:27 PM
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....You might think that unemployment will decline as the recovery from the eurozone's recession continues. Many forecasters expect it will, but not by all that much. ... [Read full article on BBC ]
Thursday 20th of April 2017 03:10:40 PM
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....“It’s really too early for us to tell anything about bookings and in particular last week because it was the week before Easter, that’s normally a very low booking period,” said the president of United, Scott Kirby. He said that United’s forecast for the April-through-June quarter has not changed. ... [Read full article on Guardian ]
Tuesday 18th of April 2017 10:40:01 PM
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Latest Finance News related to Forecast

A hasty election before Britain sees the hard truth of Brexit image
Source : Guardian [Read Article] Sunday 23rd of April 2017 05:59:05 AM
....I suspect the locals are shocked that a walk in Snowdonia should be associated with an election whose manifesto, the Daily Mail tells us, will herald “Theresa’s Cast-Iron Brexit Pledge”. I did not get where I am today forecasting the results of elections, and have never forgotten my failure, along with the economist Roger Bootle, to take advantage of the odds of 6-1 against the Conservatives being offered by bookmakers at Ascot the day before the 1992 election. ...
Buy-to-let slump puts first-time buyers in the driver’s seat image
Source : Guardian [Read Article] Saturday 22nd of April 2017 05:59:06 AM
....But John Goodall, chief executive of buy-to-let specialist Landbay, warns that rents are likely to rise if lending to landlords is cut off. “Most forecasters expect continued high demand for rental properties. ...
Barbie out of fashion as Mattel slumps image
Source : BBC [Read Article] Thursday 20th of April 2017 10:30:59 PM
....4% to $735m (£574m) for the three months to 31 March. That was the biggest slide since 2009 and short of the $801m forecast. ...
The Guardian view on the IMF: a global institution in an age of protection | Editorial image
.... Brexit was one manifestation of the political backlash that inevitably resulted from the failure to ensure that the fruits of economic growth are more evenly distributed. The IMF has not really changed its view that leaving the European Union will be bad for the UK, despite revising up its growth forecasts twice in the past three months. ...
Presidential challenge image
Source : BBC [Read Article] Thursday 20th of April 2017 03:10:40 PM
Unilever sales rise on higher prices image
Source : BBC [Read Article] Thursday 20th of April 2017 08:45:55 AM
....That number was hurt by the impact of currency fluctuation and sale of an ice cream business. KitKat maker Nestle misses forecasts as profit falls. ...
Primark owner Associated British Foods sees profits jump image
Source : BBC [Read Article] Wednesday 19th of April 2017 07:00:40 AM
.... It said Primark "performed well in the highly competitive UK market" and saw a "strong" increase in market share. "The impact of the US dollar's strength on Primark's input costs have been well flagged and our commitment to price leadership in clothing retail has seen, as forecast, a decline in its operating margin," added Mr Sinclair. ...
PENSION CRISIS: Women LAGGING behind in huge pensions gap image
Source : Daily Express [Read Article] Wednesday 19th of April 2017 12:01:00 AM
United CEO: nobody will be fired after man was violently dragged from plane image
....“It’s really too early for us to tell anything about bookings and in particular last week because it was the week before Easter, that’s normally a very low booking period,” said the president of United, Scott Kirby. He said that United’s forecast for the April-through-June quarter has not changed. ...
IMF ratchets up UK economic growth forecast to 2% image
Source : Guardian [Read Article] Tuesday 18th of April 2017 01:00:29 PM
. The International Monetary Fund has revised up its UK growth forecast for the second time in three months after admitting that the performance of the economy since the Brexit vote last year had been stronger than expected. ...
UK wine industry to plant 1m vines as sector bubbles with confidence image
Source : Guardian [Read Article] Tuesday 18th of April 2017 06:30:21 AM
.... Sophisticated meters that determine grape sugar levels allow growers to determine the best picking period in what can be a few brief days to harvest the crop. More precise meteorological forecasts have also helped the English to cope with one of the world’s most changeable weather systems. ...
Netflix says opportunity 'gigantic' despite slowing growth image
Source : BBC [Read Article] Monday 17th of April 2017 09:40:50 PM
....95 million new subscribers in the quarter, fewer than the 5. 2 million it had forecast. ...
China's first quarter growth beats expectations at 6.9% image
Source : BBC [Read Article] Monday 17th of April 2017 02:36:03 AM
.... . The growth rate, which compares expansion with the same three months in the previous year, was slightly higher than many economists had forecast. ...
Music industry goes to war with YouTube image
Source : Guardian [Read Article] Saturday 15th of April 2017 03:00:05 PM
....6m, according to the BPI. Revenues from streaming are forecast to overtake physical sales this year to become UK labels’ biggest revenue generator. ...
Netflix nudges 100m subscribers but what next for the streaming giant? image
Source : Guardian [Read Article] Saturday 15th of April 2017 09:00:21 AM
.... Its latest quarterly results on Monday will confirm the addition of millions more subscribers to a business that at last count had just under 94m customers. Some analysts believe that a Netflix forecast of 99m for the latest quarter is too conservative and the 100m barrier could be breached. ...
Falling US retail sales cast doubt on further Fed interest rate rise image
Source : Guardian [Read Article] Friday 14th of April 2017 04:34:01 PM
....The 0. 2% drop was deeper than forecasts in a Reuters poll of economists and followed a bigger than previously reported decline of 0. ...
Banks cracking down on lending after borrowing binge, survey finds image
Source : Guardian [Read Article] Thursday 13th of April 2017 12:53:17 PM
....But the prospect of households having less access to cash to spend will add to concerns that economic growth will slow this year. Consumer spending has been the main driver of the robust growth that has defied gloomy forecasts from economists since the EU referendum. ...
Oil demand growth slows for second year image
Source : BBC [Read Article] Thursday 13th of April 2017 10:49:00 AM
....Demand for oil is expected to slow for the second year in a row, the International Energy Agency has said. The forecast comes after years of excess supply, which last year prompted major oil producers to agree to cuts in output. ...
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Estate agents struggling to find homes to sell, says report image
Source : Guardian [Read Article] Wednesday 12th of April 2017 11:01:10 PM
....But the absence of landlord buyers appears to be leaving the market more open to first-time buyers, who took out 11% more house purchase loans than a year ago, said the CML. Surveyors are forecasting a mild recovery in activity over the coming 12 months, with a net balance of 24% saying that house sales numbers will increase, although that is weaker than expectations in Rics’s report last month. ...
Final salary pension warning: Savers risk ruining retirement with transfers image
Source : Daily Express [Read Article] Wednesday 12th of April 2017 03:24:00 PM
.... An investor shouldn't make a transfer if they will rely on the income from the savings for essential spending in retirement. The future growth rate of savings should also be forecast to match the final salary pension. ...
Living standards in UK fall for the first time since 2014 image
Source : Guardian [Read Article] Wednesday 12th of April 2017 12:14:56 PM
....It also means household spending, the main driver behind economic growth, is likely to slow in coming months. Martin Beck, a senior economic adviser to the EY Item Club forecasting group, said: “This is bad news for consumer spending, a sector which is already showing signs of running out of steam. ...
Students face sharp rise in interest on tuition loans image
Source : BBC [Read Article] Wednesday 12th of April 2017 11:02:18 AM
....The Intergenerational Foundation think tank has highlighted that while the focus has been on the headline tuition fee, the amount that it actually costs students in repayments including interest charges will often be much higher. Before the forthcoming interest rate increase, students earning £41,000 per year were forecast to make repayments of £54,000 on tuition fees. ...
UK inflation stays at three-year high of 2.3% image
Source : Guardian [Read Article] Tuesday 11th of April 2017 10:42:20 AM
....Official figures put inflation on the consumer prices index (CPI) at 2. 3% for the second month running in March, in line with economists’ forecasts, as food prices rose at the fastest pace for three years, increasing 1. ...
Not so friendly skies image
Source : BBC [Read Article] Tuesday 11th of April 2017 09:03:55 AM
.... Look at Samsung, for example. The tech giant has just reported a stellar profit forecast despite facing corruption allegations and the embarrassment of exploding phones. ...
UK retail sales fall again as rising living costs bite image
Source : Guardian [Read Article] Monday 10th of April 2017 11:01:12 PM
....“This marginal growth in food was bolstered by slightly higher shop prices following increases in global food commodity costs and a weaker pound,” said the BRC’s chief executive, Helen Dickinson. Economists have forecast that people will be left with less cash to spare for discretionary spending this year because they are having to spend more on essentials such as food, household bills and fuel as prices rise. ...
Experience-hungry shoppers trend towards food and drink spending image
Source : Guardian [Read Article] Monday 10th of April 2017 06:01:29 AM
. UK high streets are expected to be busy this Easter weekend, with forecasters predicting an increase in the number of people going out to spend money on food and drink. ...
Price rises and pay figures to underline Brexit strain on Britons image
Source : Guardian [Read Article] Sunday 9th of April 2017 11:01:21 PM
....The Bank of England has warned the economy’s main engine of growth, consumer spending, will lose momentum this year as rising living costs eat into people’s budgets. Economists expect official figures on Tuesday will vindicate those worries, with inflation forecast to have reached its highest level for more than three years in March. ...
Tesco looks to draw a line under accounting scandal image
Source : Guardian [Read Article] Sunday 9th of April 2017 06:00:00 AM
.... Shares in WH Smith, which can trace its history back to 1792, have been rising steadily in 2017 since it recorded the strongest sales figures in 14 years last October. In January it raised annual profit forecasts, citing a boost from sales of spoof children’s books such as Five on Brexit Island, a nod to Enid Blyton. ...
The Guardian view on rising personal debt: more prudence please | Editorial image
....The British economy’s failure to wean itself off an addiction to growth fuelled by an expanding consumer debt bubble is bad for consumers, and bad for the economy as a whole. It is no substitute for business investment, which the OECD has forecast will fall sharply in future years in a post-Brexit climate of uncertainty. ...
UK services sector beats forecasts buoyed by new work image
Source : BBC [Read Article] Wednesday 5th of April 2017 09:28:30 AM
...."However, we continue to think that the support provided by the lower pound and rock-bottom interest rates should prevent growth from slowing too sharply in the quarters ahead. Our forecast is for annual GDP growth of about 2% for the year as a whole. ...
Ensure your pension numbers still add up image
Source : Daily Express [Read Article] Wednesday 5th of April 2017 08:18:00 AM
.... . Advisers now base their forecast models on assumptions that people will live much longer lives,” said Richards. ...
McCarthy & Stone blames Brexit for tumbling profits image
Source : BBC [Read Article] Wednesday 5th of April 2017 07:05:36 AM
. Retirement home builder McCarthy & Stone is forecasting a stronger second half after blaming the EU referendum for a 25% slump in interim profits. ...
Will populist leaders stifle the global recovery – or vice versa? image
Source : Guardian [Read Article] Tuesday 4th of April 2017 03:32:12 PM
. After nine dreary years of downgrading their GDP forecasts, macroeconomic policymakers around the world are shaking their heads in disbelief: despite a populist-propelled wave of political tumult, global growth is actually set to outperform expectations in 2017. ...
North Sea oil and gas industry cost UK taxpayer £396m in 2016 image
Source : Guardian [Read Article] Tuesday 4th of April 2017 12:25:40 PM
.... But the future outlook is uncertain, given the costs of decommissioning and the fluctuations in the oil price. In March 2016 the Office for Budget Responsibility forecast that the sector would receive a net payment of £1bn a year for the next five years from UK taxpayers. ...
Imagination Technologies' shares plunge after Apple ends contract image
....Last year, Apple paid about £60. 7m in royalties to Imagination and it is forecast to pay about £65m for the current financial year. ...
Swipe right image
Source : BBC [Read Article] Sunday 2nd of April 2017 11:07:33 PM
....To create that feel, Saskia says that being outside is key. And if rain is forecast the client has the option to reschedule - particularly useful for women worried about their hair apparently. ...
How Karen Millen lost the battle for her name – and her fortune image
Source : Guardian [Read Article] Saturday 1st of April 2017 03:00:28 PM
....Without the involvement of the founders the Karen Millen stores have kept on going, although the chain is having something of a midlife crisis as millennials opt for a casual look even on nights out. “The consumer has moved on,” says Lorna Hall, retail analyst at trend forecaster WGSN. ...
UK households’ savings fall to record low in warning sign for economy image
....8% as the ONS updated its estimates. Martin Beck, a senior economic adviser to forecasting group the EY Item Club, said the falls in savings and disposable income were “worrying signs” for the health of household finances, not least because inflation is expected to climb higher. ...
Household savings ratio falls to record low, says ONS image
Source : BBC [Read Article] Friday 31st of March 2017 10:36:39 AM
....The Bank of England has predicted that weaker incomes will result in a "significant fall" in the saving ratio over the next three years. The UK's economy last year defied forecasts that it would slow sharply after the vote in June to take the country out of the European Union. ...
UK house prices slide for first time in almost two years, says Nationwide image
....6% rise in prices in February. It was the first fall on the Nationwide index since June 2015 and surprised City economists who had forecast a 0. ...
Mortgage approvals fall as UK consumers rely on credit to keep spending image
Source : Guardian [Read Article] Wednesday 29th of March 2017 12:07:32 PM
....While in theory weaker mortgage demand could lead to house price growth easing, the slowdown is expected to be limited by a shortage of homes coming on to the market. Archer is forecasting a rise of 3% or less, following a 4. ...
EU departure but … UK sees record-breaking increase in visitors image
Source : Guardian [Read Article] Wednesday 29th of March 2017 10:58:18 AM
.... Flight bookings to the UK for this summer, from March-August 2017 are up 19%. Visit Britain forecasts this growth will continue during the remainder of the year, with a total of 38. ...
Johnston Press reports £300m loss after huge newspaper writedown image
Source : Guardian [Read Article] Wednesday 29th of March 2017 08:59:13 AM
.... The writedown reduces the value of Johnston Press’s publishing titles to £120m, excluding the i, and other print assets to £20m. The cut-price national title, which increased paid-for sales by 5% despite a 10p price rise last year, has seen accelerating profit growth and is forecast to make potentially almost £8m profit this year. ...
Aircraft orders increase tenfold in a year in boost for UK manufacturing image
.... A total of 1,443 commercial aircraft rolled off production lines last year, breaking the record for a sixth year. Nonetheless, ADS is forecasting deliveries will rise by 6%-7% this year to more than 1,500 new aircraft. ...
Snapchat 'will be bigger than Twitter, Yahoo and AOL with advertisers' image
. Snapchat could become more popular with advertisers than Twitter, Yahoo and AOL within three years, with the messaging app company forecast to bring in revenues of more than $3bn (£2. ...
Pearson boss sees pay boost despite firm's struggles image
Source : BBC [Read Article] Friday 24th of March 2017 04:28:38 PM
....6bn pre-tax loss after writing down its US assets. At the start of 2016, Pearson announced 4,000 job cuts and also lowered its profit forecast. ...
Bonus for Pearson chief despite biggest loss in company's history image
Source : Guardian [Read Article] Friday 24th of March 2017 03:30:57 PM
....”. In January the company slashed its profit forecast for this year by £180m to £570m-£630m, and scrapped its target of £800m for next year. ...
Tesco pulls Sol, Amstel and Tiger from shelves in Brexit price row image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 03:07:10 PM
....The brewer has also faced unexpected pressure from a surprisingly stiff increase in alcohol taxes in the budget earlier this month. Philip Hammond raised beer duty in line with the retail price index measure of inflation, but used a forecast rate of 3. ...
Government borrowing falls in February image
Source : BBC [Read Article] Tuesday 21st of March 2017 11:02:34 AM
....Analysts said the figures meant the government was on track to meet revised borrowing targets. In the Budget, the Office for Budget Responsibility revised its end-of-year borrowing forecast to £51. ...
Fake data threat image
Source : BBC [Read Article] Tuesday 21st of March 2017 12:11:20 AM
.... . Or "poisoning" supply chain data so that the wrong stuff goes to the wrong stores, not to mention the potential dangers to energy supplies if production forecasts are tampered with. ...
Trump must convert surging US confidence into real growth | Mohamed El-Erian image
....”. Jack Welch, who led General Electric for 20 years, is a case in point: he once stated that many of his own major business decisions had come “straight from the gut,” rather than from analytical models or detailed business forecasts. ...
Gucci, Versace, D&G ... now top brands target fashion for kids image
Source : Guardian [Read Article] Sunday 19th of March 2017 12:05:01 AM
.... For the past five years, growth in the childrenswear market has outpaced both men’s and womenswear. The childrenswear market in the UK is forecast to rise a further 13. ...
Rising prices set to push inflation over 2% Bank of England target image
Source : Guardian [Read Article] Saturday 18th of March 2017 03:59:43 PM
....8% in January. If proven correct, this forecast, from a Reuters poll of economists, would see inflation at its highest level since November 2013, and above the Bank of England’s government-set target of 2%. ...
Any old Joe image
Source : BBC [Read Article] Friday 17th of March 2017 10:00:40 PM
....But the boss of a bank also needs to be good with numbers. So a later stint in the forecasting department, where he had to predict how many Easter eggs the supermarket would sell, probably helped. ...
Housebuilder Berkeley shrugs off Brexit vote to hit profit targets image
. Housebuilder Berkeley Group has said it expects profits at be at the top end of forecasts this year, as it signalled the housing market in London and the South East had "stabilised". ...
FTSE 100 closes at another record high image
Source : BBC [Read Article] Friday 17th of March 2017 08:52:07 AM
....Tullow said it was planning to raise about £607m through the share sale in order to cut its debts. Housebuilder Berkeley Group was the biggest riser in the FTSE 250, climbing 6% after it said its full-year profits were set to be at the top end of forecasts. ...
Sainsbury's takes inflation hit on the chin as Aldi and Lidl loom | Nils Pratley image
....4% last month. That was double the rate in the previous month, but we’re not talking about the 5% within six months that his predecessor, Justin King, forecast four months ago for the entire industry. ...
Child poverty in UK at highest level since 2010, official figures show image
Source : Guardian [Read Article] Thursday 16th of March 2017 02:45:20 PM
....The latest annual rise was relatively modest, but analysts said planned cuts to working-age benefits were likely to dramatically increase poverty rates over the next three years. Campbell Robb, the chief executive of the Joseph Rowntree Foundation, said: “These troubling figures are warning signs we could be at the beginning of a sharp rise in poverty, with forecasts suggesting child poverty could rise further by 2021. ...
Bank of England keeps UK interest rates on hold as it warns on inflation image
Source : Guardian [Read Article] Thursday 16th of March 2017 12:10:58 PM
....On the other hand, the minutes also noted signs of softness in the economy and justifications to keep ratesdown. The MPC said pay growth, which has been slowing in recent months, had turned out to be “notably weaker” on the latest figures than the Bank had been expecting in its latest set of economic forecasts in February. ...
Sainsbury's warns over 'uncertain' impact of pound's Brexit slide image
Source : Guardian [Read Article] Thursday 16th of March 2017 08:22:39 AM
....Coupe described the group’s food performance as solid and said its Tu clothing brand had again beaten the market, with sales up 5%. He was confident of achieving City forecasts for the full year, a pretax profit of about £578m. ...
Low carbon drive 'cuts household bills' image
Source : BBC [Read Article] Thursday 16th of March 2017 12:13:08 AM
....The finding will be challenged by groups which say the UK spends too much on renewable energy. But the committee, which advises the government, stands by its analysis, and forecasts a continuing trend of downward prices thanks to low carbon policy. ...
Trump begins rollback of Obama's car pollution standards to curb emissions image
Source : Guardian [Read Article] Wednesday 15th of March 2017 10:22:11 PM
.... There are already more than 100 car and SUV models that meet standards that stretch beyond 2020, with the Chevrolet Volt, Toyota Prius, Chevrolet Spark and Smart ForTwo already matching the 2025 standard. American drivers are also set to lose out, with the Obama rules forecast to save an average of $8,000 on gasoline costs for a new car. ...
UK unemployment falls to joint lowest rate since 1975 but wages stall image
Source : Guardian [Read Article] Wednesday 15th of March 2017 11:27:55 AM
....6%. Martin Beck, a senior economic adviser to the EY Item Club, a forecasting group, said the slowdown in pay growth was worrying. ...
Jobless rate down but wage growth slows image
Source : BBC [Read Article] Wednesday 15th of March 2017 09:32:42 AM
....8%, but the gap has narrowed. "March's labour market release reported a solid performance on the jobs side, but included worrying signs of weakness with regards to wages," said Martin Beck, senior economic advisor to the EY Item Club - a respected economic forecasting group. ...
Public sector workers first to face cut in real pay, says thinktank image
Source : Guardian [Read Article] Wednesday 15th of March 2017 07:32:43 AM
. Public sector workers have become the first group to suffer a cut in real wages since the recovery of 2014 as forecasters predicted that the rest of the working population would follow suit later this year. ...
Britons pay almost £2billion in extra inheritance tax over next five years image
Source : Daily Express [Read Article] Wednesday 15th of March 2017 12:01:00 AM
....The increase of around a third is £1. 8billion more than originally forecast in November. ...
Britons pay almost £2billion in extra inheritance tax over next five years image
Source : Daily Express [Read Article] Wednesday 15th of March 2017 12:01:00 AM
....The increase of around a third is £1. 8billion more than originally forecast in November. ...

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