Full List Of Stories
Suicide bomb attack in Manchester pop concert leaves 22 dead
A suicide bomber killed 22 people, including many children, and injured more than 50 others at the Manchester Arena on Monday night after an Ariana Grande concert.
Monday newspaper round-up: Brexit talks, house prices, convenience stores
Britain has “no time to waste” in Brexit talks, Theresa May will warn as she says formal negotiations about leaving the European Union will start just 11 days after the election. The Prime Minister will tell supporters in Wales - which voted overwhelmingly to leave the European Union at the referendum – not to risk letting Jeremy Corbyn lead these talks. - Telegraph.
Friday newspaper round-up: Consumer concerns, Brexit M&A, migration, SFO
British consumers are bracing themselves for an expensive and uncertain post-Brexit future, with four out of five fearing price rises on household essentials such as food, drink and clothing, a survey has revealed. Eighty-three percent of Britons admit they are concerned about price hikes in goods and services, while 59% are most worried about the soaring cost of groceries, according to a poll for Mintel’s 27th annual British Lifestyles report. Spiralling holiday costs are a concern for 35%, with 26% fearing higher prices for clothing and shoes.
Sunday share tips: Burberry, ECSC, Dairy Crest
Burberry shares are worth avoiding, said the Sunday Times' Inside the City column. The beige-chequered fashion house has enjoyed big benefits from the slump in sterling since the Brexit vote, as four fifths of revenues are made overseas. Despite this, the FTSE 100 group is forecast by some analysts to see adjusted full year profit before tax fall 10% to £400m.
Sunday newspaper round-up: Hard Brexit, exports, cost of living, GSK, BT
The European Court of Justice (ECJ) is set to pave the way for a hard Brexit by handing 38 national and regional parliaments the power to veto trade deals. In a move that further clouds the prospects of a swift and comprehensive UK-EU deal, the European Union’s highest court is expected to extend the veto rights to regional parliaments through a ruling on the EU’s 2014 trade agreement with Singapore. - Sunday Times.
Director dealings: Everyman NXD increases backing
Shares in Everyman Media rose on Friday after it emerged director Michael Rosehill's Blue Coast Private Equity has increased its stake in the cinema operator.
Commodities: Crude firmly ahead after US inventories fall more than expected
Crude-oil futures are pricing firmly higher on Wednesday after two sets of closely watched US data showed bigger than expected draws in the country's inventories last week.
Tuesday newspaper round-up: Skills shortage, retail rebound, Co-op, Lloyds
The number of candidates available for jobs has hit a 16-month low, prompting fears that Brexit has triggered a skills shortage in areas ranging from IT to engineering to nursing. There was the steepest fall in availability for permanent and temporary roles in April since December 2015, according to a report from the Recruitment and Employment Confederation. - The Times.
Monday newspaper round-up: Insurers, energy suppliers, EU workers
Staying loyal to an insurer can cost families up to £1,000 a year. Firms overcharge by up to three times to fund their cut-price deals for new customers. Long-standing customers are offered good rates only if they challenge renewal quotes or threaten to leave. - Mail.
Sunday newspaper round-up: Lower growth, French election, PPI extension, Sky
The Bank of England is set to lower its growth forecasts this week after the economy faltered in the first quarter. The slowdown leaves a pre-Brexit interest rate rise looking increasingly unlikely, although inflation is already above the Bank’s 2% target and expected to rise further, the Sunday Times reported.
Sunday share tips: Supergroup, Rank, Venture Life
SuperGroup is a share to 'avoid', said the Sunday Times' Inside the City column, even though this week's results should show another strong quarter. The Japanese-styled youth fashion brand with its Superdry logo has grown impressively since being founded in 1985 to over 700 stores now. Boss Euan Sutherland took over with a mission to take the brand upmarket and into sportswear, shoes and accessories and more than half of revenues coming from abroad.
Tuesday newspaper round-up: Fed, Brexit battle, car finance, Lloyds
The chances of the US Federal Reserve raising interest rates this week were put at less than 5 per cent yesterday after a key measure of inflation fell for the first time in more than 15 years. The core personal consumption expenditures price index fell by 0. 1 per cent in March compared with the previous month. The annualised rate of 1. 6 per cent fell short of the Fed’s 2 per cent target. - The Times.