Topic filter : Second Quarter

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....The world’s largest bank reported a profit of $7. 03bn for the second quarter, 13% higher than last year. ... [Read full article on Guardian ]
Friday 14th of July 2017 03:42:09 PM
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.... Yet for the past few decades, the trend has been unmistakable: less money for investment, more set aside for dividends. In the UK, 2017 is expected to be a record year after analysis by Capita showed that shareholders grabbed north of £33bn in the second quarter. ... [Read full article on Guardian ]
Sunday 16th of July 2017 01:11:02 PM
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....5 times bigger then Rupert Murdoch’s 21st Century Fox - added 5. 2 milllion subscribers in the second quarter. ... [Read full article on Guardian ]
Tuesday 18th of July 2017 09:49:29 AM
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....Shareholders in companies listed on London’s main market received £33. 3bn in payments during the second quarter of this year, up 14. ... [Read full article on Guardian ]
Monday 17th of July 2017 06:01:43 AM
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....The company has also been hit by rising costs linked to the fall in the pound since the Brexit vote. Premier stuck to its forecasts for the full year, saying it would return to sales growth in the second quarter and post flat sales for the first half. ... [Read full article on Guardian ]
Thursday 20th of July 2017 08:29:00 AM
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....One of the main effects of rising inflation has been to cut disposable incomes, which, along with sluggish wages growth and rising debt levels, has meant the biggest decline in consumer confidence in more than two years, according to the Consumer Tracker report from Deloitte. The quarterly survey of 3,000 people, carried out from 16-18 June, saw overall consumer confidence fall to -10% in the second quarter of 2017, deteriorating from -7% in the first quarter. ... [Read full article on Guardian ]
Sunday 16th of July 2017 06:13:15 PM
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....A better-than-expected June pushed up retail sales by 1. 5% in the second quarter overall, following a 1. ... [Read full article on Guardian ]
Thursday 20th of July 2017 02:21:55 PM
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....The price paid for comprehensive motor insurance was £462 in the first quarter of 2017. It rose to £473 in April, £480 in May and £498 in June, an average of £484 over the the second quarter. ... [Read full article on Guardian ]
Monday 17th of July 2017 11:01:03 PM
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Latest Finance News related to Second Quarter

Mr Kipling maker hit by shoppers' switch to own-label products image
Source : Guardian [Read Article] Thursday 20th of July 2017 08:29:00 AM
....The company has also been hit by rising costs linked to the fall in the pound since the Brexit vote. Premier stuck to its forecasts for the full year, saying it would return to sales growth in the second quarter and post flat sales for the first half. ...
Cost of UK car insurance leaps 11% to record high image
Source : Guardian [Read Article] Monday 17th of July 2017 11:01:03 PM
....The price paid for comprehensive motor insurance was £462 in the first quarter of 2017. It rose to £473 in April, £480 in May and £498 in June, an average of £484 over the the second quarter. ...
Investors received record-breaking dividends in 2017, research shows image
Source : Guardian [Read Article] Monday 17th of July 2017 06:01:43 AM
....Shareholders in companies listed on London’s main market received £33. 3bn in payments during the second quarter of this year, up 14. ...
Low-paid should receive inflation-only rises, say business leaders image
Source : Guardian [Read Article] Sunday 16th of July 2017 06:13:15 PM
....One of the main effects of rising inflation has been to cut disposable incomes, which, along with sluggish wages growth and rising debt levels, has meant the biggest decline in consumer confidence in more than two years, according to the Consumer Tracker report from Deloitte. The quarterly survey of 3,000 people, carried out from 16-18 June, saw overall consumer confidence fall to -10% in the second quarter of 2017, deteriorating from -7% in the first quarter. ...
Governments have to invest in the fourth industrial revolution | Larry Elliott image
.... Yet for the past few decades, the trend has been unmistakable: less money for investment, more set aside for dividends. In the UK, 2017 is expected to be a record year after analysis by Capita showed that shareholders grabbed north of £33bn in the second quarter. ...
JP Morgan chief blasts US dysfunction: 'It's almost an embarrassment being American' image
....The world’s largest bank reported a profit of $7. 03bn for the second quarter, 13% higher than last year. ...
Hold the Shard-enfreude – a house price drop is not about to happen | Patrick Collinson image
.... A slump in the property market is the fervent wish of young adults and families who see mounting evidence that the longed-for day of reckoning on house prices may, at last, be nigh. London house prices suffered a sharp slowdown in the second quarter of this year, rising at their weakest rate in five years according to Nationwide. ...
Reckitt Benckiser warns of permanent sales hit from cyber attack image
....The attack disrupted manufacturing and ordering systems at the company, whose products include Nurofen and Dettol. Although it had "largely contained" the attack, Reckitt said the disruption meant like-for-like revenue growth in the second quarter would be down 2%. ...
AB Foods lifted by Primark sales boost image
Source : BBC [Read Article] Thursday 6th of July 2017 08:19:29 AM
....Shares in consumer health giant Reckitt Benckiser fell 2% after the company cut its revenue growth forecast as a result of last week's cyber-attack. Reckitt- whose products include Nurofen and Cillit Bang - said like-for-like revenue growth in the second quarter of the year would be cut by 2% as a result of the disruption to manufacturing caused by the attack. ...
Massive cyber-attack could cost Nurofen and Durex maker £100m image
Source : Guardian [Read Article] Thursday 6th of July 2017 07:38:33 AM
....Reckitt Benckiser said it was still assessing the financial impact of the attack on the company. “We expect that some of the revenue lost from the second quarter will be recovered in the third quarter. ...
UK services sector growth hits four-month low amid Brexit fears image
Source : Guardian [Read Article] Wednesday 5th of July 2017 11:39:28 AM
....“Although the three PMI surveys are running at levels that are historically consistent with GDP growing by around 0. 4% in the second quarter, it’s clear that the economy heads into the third quarter losing momentum. ...
UK car sales fall in June for third month in a row image
Source : Guardian [Read Article] Wednesday 5th of July 2017 09:54:18 AM
....4m vehicles, which was still the second biggest first half on record. In the second quarter overall, new car sales fell by 10. ...
Household income falling at fastest rate since 1976 as UK savings rates crash image
....4% in the fourth quarter. The only recent parallel for such a prolonged squeeze occurred four decades ago, when a combination of a sterling crisis, pay restraint and public spending cuts agreed with the IMF resulted in real household income falling by around 6% between the fourth quarter of 1976 and the second quarter of 1977. ...
US growth rate revised higher image
Source : BBC [Read Article] Thursday 29th of June 2017 02:15:41 PM
....Policymakers at the time said they did not believe the slowdown in the first quarter was the start of a trend, pointing to one-off factors, including a relatively mild winter. Stronger-than-expected trade figures published Wednesday also led some to predict better growth in the second quarter. ...
London house price growth slows as rest of UK bounces back image
Source : Guardian [Read Article] Wednesday 28th of June 2017 09:37:05 AM
. London house prices suffered a sharp slowdown in the second quarter, rising at the weakest rate in five years and falling behind the rest of the UK according to the latest snapshot of the property market from Nationwide. ...
UK manufacturing soars thanks to weak pound and global recovery image
Source : Guardian [Read Article] Thursday 22nd of June 2017 11:55:53 AM
....”. Andrew Wishart, a UK economist at Capital Economics, said UK manufacturing was poised to record a strong performance in the second quarter of 2017. ...
Bosses are right: political uncertainty will damage the economy | Nils Pratley image
.... The government could give the public sector a pay rise, for example, but that may not be enough to shift the dial on real incomes. The second quarter GDP figures may not be affected by the uncertainty since most surveys suggested an improvement from the first. ...
House price growth cools further in May, says Halifax image
Source : BBC [Read Article] Wednesday 7th of June 2017 07:54:52 AM
....2%. This was only the second quarterly drop since November 2012. ...
Eurozone growth remains fastest for six years, says PMI survey image
....IHS Markit, which compiles the data, said the eurozone's "big two" nations, Germany and France, drove the growth. It also said May's reading adds to evidence that single currency-nations are "enjoying a strong second quarter". ...
Manufacturing 'buoyant' but services slow, surveys find image
Source : BBC [Read Article] Sunday 4th of June 2017 11:05:12 PM
.... . "Despite slower growth [for services] in May, the surveys indicate that the economy has regained some momentum in the second quarter," said IHS Markit economist Chris Williamson. ...
UK manufacturing in healthy shape despite election uncertainty image
Source : Guardian [Read Article] Thursday 1st of June 2017 05:24:04 PM
.... The index (pdf) briefly fell below that watermark after last June’s EU referendum but has now been in growth territory for 10 months. “The strong PMI numbers suggest the manufacturing sector has gained growth momentum in the second quarter after the sluggish start of the year,” said Rob Dobson, a senior economist at survey compiler IHS Markit. ...
UK policymakers face a dilemma over public's slowing demand for credit image
Source : Guardian [Read Article] Wednesday 31st of May 2017 07:17:49 PM
....Now there are signs that the credit habit is returning as almost zero interest rates work their magic again, Easter’s spending is out of the way and wage rises are being outpaced by inflation. Analysts say GDP growth in the second quarter will be higher for this very reason. ...
UK comes bottom of G7 growth league as Canada takes lead image
Source : Guardian [Read Article] Wednesday 31st of May 2017 04:28:02 PM
.... If we continue to get growth numbers like this, absent trade policy risks, it’s going to be tougher for the Bank of Canada to avoid rate hikes at some point in the distance,” Holt said. The Canadian economy also appeared to be on a solid footing going into the second quarter, with growth rising by a better-than-expected 0. ...
Labour’s hope doesn’t usually play well in an age of anxiety image
Source : Guardian [Read Article] Saturday 27th of May 2017 04:00:32 PM
....A deeper look into the figures shows that much of the deterioration in the UK’s net trade position was down to higher import costs, mostly in response to the declining value of sterling – not a fall in exports. Also, business investment rose on an annual basis for the first time in over a year, and the second quarter began with a bit more momentum than previously believed. ...
UK economy slows more than expected as inflation hits spending image
Source : Guardian [Read Article] Thursday 25th of May 2017 09:24:06 AM
....“Should we be concerned? No, the dip is probably temporary,” he said. “With both soft and hard data improving in the second quarter, the quarterly growth rate is likely to rebound to 0. ...
UK economic growth estimate revised down image
Source : BBC [Read Article] Thursday 25th of May 2017 08:49:40 AM
....However, the net trade position weighed on the economy, following an increase in imports. The downward revision to the first-quarter's growth rate came as a surprise, but analysts said there was a good chance the growth rate could recover in the second quarter of the year. ...
Sterling's fall buoys UK manufacturers as export orders rise image
Source : Guardian [Read Article] Friday 19th of May 2017 01:17:38 PM
....UK factories have cashed in on the sharp fall in the pound since the Brexit vote, with export orders at the joint highest level in three and a half years. The stronger than expected findings from a survey by the CBI, the UK business trade body, suggest manufacturers had a decent start to the second quarter, boosting hopes that the sector will help prop up the wider economy as a consumer slowdown takes hold. ...
GM to stop making cars for Indian market image
Source : BBC [Read Article] Friday 19th of May 2017 05:19:34 AM
....The firm is aiming to make significant savings through these steps. "As a result of these actions, GM expects to realise annual savings of approximately $100m (£77m) and plans to take a charge of approximately $500m in the second quarter of 2017," it said in a statement. ...
Election 2017: State pension triple lock battle lines drawn image
Source : BBC [Read Article] Thursday 18th of May 2017 02:32:16 PM
....For example prices, as measured by inflation, are predicted to rise by about 2. 3% in the second quarter of 2020, according to the Bank of England - very close to the 2. ...
UK economy gets boost as service sector growth hits four-month high image
Source : Guardian [Read Article] Thursday 4th of May 2017 11:14:24 AM
.... Costs have risen due to higher crude oil prices and because the pound’s drop since the Brexit vote makes imports more expensive. Chris Williamson, chief business economist at the PMI report compilers, IHS Markit, said the polls for services, construction and manufacturing together pointed to GDP growth accelerating at the start of the second quarter. ...
UK service sector growth picks up in April image
Source : BBC [Read Article] Thursday 4th of May 2017 09:49:29 AM
...."The three surveys collectively point to GDP growing at a rate of 0. 6% at the start of the second quarter," said IHS Markit economist Chris Williamson. ...
Morrisons sales jump as recovery continues image
Source : BBC [Read Article] Thursday 4th of May 2017 07:51:41 AM
....Like-for-like sales, which exclude new store openings, rose 3. 4% in the 13 weeks to 30 April, surpassing the second quarter's 2. ...
Apple reports surprise drop in iPhones sales, again image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 11:06:10 PM
. Apple reported a surprise fall in iPhone sales for the second quarter on Tuesday, suggesting that customers had delayed purchases in anticipation of the 1oth-anniversary edition launch of the company’s core product. ...
China factory output growth slows image
Source : BBC [Read Article] Sunday 30th of April 2017 09:51:37 AM
....Mr Zhao also highlighted increased production of consumer goods and improvements in small business activity as positive signs for the economy. However analysts said growth may slow in the second quarter. ...
Personal insolvencies soar to highest level in three years image
Source : Guardian [Read Article] Friday 28th of April 2017 02:34:07 PM
....7% higher than the same period a year earlier. It was the highest number of individual cases since the second quarter of 2014, according to the Insolvency Service, which published the figures. ...
Biggest fall in UK retail sales in seven years image
Source : BBC [Read Article] Friday 21st of April 2017 09:24:52 AM
.... . Chris Williamson, chief business economist at IHS Markit, said the trend appeared to have continued into the second quarter. ...
Netflix says opportunity 'gigantic' despite slowing growth image
Source : BBC [Read Article] Monday 17th of April 2017 09:40:50 PM
....In the US, the firm added a third fewer new members than the same period a year ago, while overseas members fell 22%. Netflix blamed the drop partly on shifting some of its popular shows to the second quarter of the year. ...
Banks cracking down on lending after borrowing binge, survey finds image
Source : Guardian [Read Article] Thursday 13th of April 2017 12:53:17 PM
....The Bank’s quarterly survey of lenders showed a net balance of 18. 8% expect to tighten the availability of unsecured credit – money not borrowed against a home – to consumers over the second quarter of 2017. ...
Is business starting to get spooked about Donald Trump? | Larry Elliott image
Source : Guardian [Read Article] Thursday 13th of April 2017 12:36:22 PM
.... The Bank’s latest credit conditions survey marks a step-change. After years of making it easier to take on debt, the availability of credit fell in the first three months of 2017 and is expected to fall further in the second quarter. ...
Rising food and fuel prices hoist UK inflation rate to 2.3% image
Source : Guardian [Read Article] Tuesday 21st of March 2017 11:27:08 AM
....Kallum Pickering, an economist at the bank Berenberg, said the MPC’s tolerance for rising inflation could be tested soon. “As our base case, we look for a 25 basis point first rate hike in the second quarter of 2018, with a 30% chance the BoE raises the bank rate earlier. ...
Record 910,000 UK workers on zero-hours contracts image
Source : Guardian [Read Article] Friday 3rd of March 2017 09:55:26 AM
....The ONS will publish its own report on zero-hours numbers in the fourth quarter of 2016 on 15 March. Referring to a previous ONS release covering the second quarter of 2016, the BEIS spokesperson added: “According to the latest published ONS statistics on the use of zero-hours contracts, fewer than 3% of the UK workforce classes itself as being on this type of contract in their main job, with almost 70% of those happy with the number of hours they work. ...
SpaceX to fly two tourists around Moon in 2018 image
Source : BBC [Read Article] Monday 27th of February 2017 11:48:09 PM
....". The first mission would be unmanned, and the next one - with crew - was expected in the second quarter of 2018, the billionaire entrepreneur and inventor said. ...
Missing wage rises give lie to picture of full employment | Larry Elliott image
Source : Guardian [Read Article] Wednesday 15th of February 2017 11:49:11 AM
....Finally, demand for labour has been tapering off. To be sure, the number of people working was up by 37,000 in the final three months of 2016, but this followed increases of 172,000 in the second quarter and 49,000 in the third. ...
UK growth forecast upgraded amid warning over inflation image
Source : Guardian [Read Article] Wednesday 1st of February 2017 06:30:09 AM
....4% in November after official figures showed the economy bouncing back rapidly from the immediate shock of the referendum. Following a second quarterly 0. ...
Financial firms in talks with Amsterdam over relocation from London image
Source : Guardian [Read Article] Monday 23rd of January 2017 05:34:01 PM
....The Amsterdam mayor’s office has been in negotiations with American and Japanese banks, along with fintech firms and other specialist finance firms, about moving staff and operations from London as a consequence of the UK’s vote to leave the European Union, the city’s deputy mayor told the Guardian. Kajsa Ollongren, who is responsible for economic affairs, said she expected decisions in favour of relocation to be made within the first or second quarter of the year. ...
UK economy ends 2016 on high – but rising import prices starting to bite image
Source : Guardian [Read Article] Thursday 5th of January 2017 12:01:34 AM
.... Both balances were up from +1% in the same quarter last year. The services sector improved after a dramatic fall in the previous quarter with domestic sales leading the way, up from +9% to +15% while orders rose from +8% to +13, but still well down on the second quarter when they had been +24% and +20% respectively. ...
British bosses at their most optimistic in 18 months, Deloitte finds image
Source : Guardian [Read Article] Thursday 29th of December 2016 09:54:28 AM
.... Sentiment started to recover when the economy proved more resilient than expected in the months following the vote, with growth of 0. 6% in the third quarter matching the rate in the second quarter. ...
Business as usual for UK economy – but where will it go in 2017? image
Source : Guardian [Read Article] Friday 23rd of December 2016 11:30:41 AM
.... George Osborne talked about a year-long DIY recession. As it happens, the economy grew at precisely the same rate in the third quarter as in the second quarter. ...
UK third quarter GDP growth revised up to 0.6% image
Source : BBC [Read Article] Friday 23rd of December 2016 09:36:26 AM
....The ONS also said that growth in the third quarter of the year was helped by "robust consumer demand". However, the ONS trimmed its estimates of growth in the first and second quarter of the year. ...
Nike's basketball business leads profit rebound image
Source : BBC [Read Article] Wednesday 21st of December 2016 01:47:55 AM
....It has been facing stiffer competition from rival Under Armour, which has a top-selling line by NBA star Stephen Curry. Nike's sales in North America, its biggest market, rose 3% in the second quarter and were up 12% in Greater China. ...
Uber makes losses despite surge in revenues, reports say image
Source : Guardian [Read Article] Tuesday 20th of December 2016 08:42:50 AM
....Passengers spent $5. 4bn in the third quarter on Uber fees, which the company splits with its drivers, up from $5bn in the second quarter and $3. ...
Barclays agrees to sell French retail business image
Source : BBC [Read Article] Monday 12th of December 2016 10:53:07 AM
....AnaCap invests in the European financial services sector and owns holdings in other banks, including Aldermore in the UK, MeDirect in Belgium and Mediterranean Bank in Malta. The deal is subject to regulatory approval and is expected to be completed by the second quarter of 2017. ...
UK's trade deficit before Brexit vote narrower than first calculated image
Source : Guardian [Read Article] Tuesday 6th of December 2016 11:14:26 PM
....4% of GDP, was still the largest on record at 5%. The gap for the second quarter of 2016 was revised down to 5. ...
Bank governor Mark Carney warns on household debt image
Source : BBC [Read Article] Wednesday 30th of November 2016 08:16:50 AM
...."We are going to remain vigilant around the issue, because we have seen this shift," he told a press conference at the Bank. The Bank's Stability Report showed that the overall ratio of household debt to income was 133% in the second quarter of 2016. ...
Does Trump’s election spell globalisation's end? image
Source : Guardian [Read Article] Thursday 17th of November 2016 03:43:16 PM
....World trade growth would be slowing down, even without Trump in office. Its growth was already flat in the first quarter of 2016, and it fell by nearly 1% in the second quarter. ...
German economy slows in third quarter image
Source : BBC [Read Article] Tuesday 15th of November 2016 08:20:49 AM
...."The development of foreign trade had a downward effect on growth," said Germany's Federal Statistics Office. "Exports were slightly down while imports were slightly up compared with the second quarter of 2016. ...
UK construction weakest in four years, ONS says image
Source : BBC [Read Article] Friday 11th of November 2016 10:38:33 AM
....The value of all repair and maintenance was 3. 6% lower than in the second quarter of the year, which was partially offset by an increase in all new work of 0. ...
UK trade deficit widens unexpectedly as exports fall despite pound drop image
Source : Guardian [Read Article] Wednesday 9th of November 2016 12:59:36 PM
....Britain’s trade position looked better in the third quarter overall, with the trade in goods deficit narrowing by £1. 5bn compared with the second quarter, to £33. ...
UK manufacturing exports rise but price pressures grow image
Source : BBC [Read Article] Tuesday 1st of November 2016 11:39:14 AM
.... That was slower than the 0. 7% rate in the second quarter of the year, but was stronger than expected. ...
Ad firm WPP warns of 'Brexit anxiety' image
Source : BBC [Read Article] Monday 31st of October 2016 08:06:19 AM
....2% compared with last year, down slightly from the 3. 5% growth rate in the second quarter. ...
Warning for credit-addicted families as bankrupcties rise image
Source : Daily Express [Read Article] Friday 28th of October 2016 04:19:00 PM
....Personal insolvencies leapt by a fifth in the third quarter of 2016 compared with the same period a year earlier, figures from the Insolvency Service showed. There were 24,251 personal insolvencies between July and September, which also marked a six per cent rise on the second quarter of this year. ...
Number of insolvencies jumps by a fifth in England and Wales image
Source : Guardian [Read Article] Friday 28th of October 2016 01:35:09 PM
....There were 24,251 personal insolvencies between July and September, marking a 19. 3% increase compared with the third quarter of 2015 and a 6% rise on the second quarter of this year, the figures from the Insolvency Service show. ...
US economic growth rate fastest for two years image
Source : BBC [Read Article] Friday 28th of October 2016 01:05:17 PM
....7%, which is the way that many other countries express their growth rates. In the second quarter of the year, the US economy expanded by an annualised rate of 1. ...

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