Economic News
Tuesday preview: WPP to remain under pressure, BP's spill costs banished?
With its shares down almost a third since issuing a cautious advertising outlook in March, investors will be hoping WPP's trading statement on Halloween Tuesday is not a horror show, while a busy day for economic data will keep the market busy ahead of bigger events later in the week.
Trump to reveal next Fed chair on Thursday - report
Donald Trump is expected to reveal the next chairperson of the Federal Reserve before the end of the week, according to a report from Reuters.
Goldman CEO says UK investment is 'outside our control'
Goldman Sachs CEO Lloyd Blankfein has implied further uncertainty surrounding the bank’s investment in the UK, saying Brexit has left "so much outside our control".
JP Morgan reiterates 'underweight' on UK stocks
Strategists at JP Morgan reaffirmed their 'bullish' stance on the overall market, but so too their 'underweight' stance on UK stocks.
Former Catalan president flees to Belgium
Former Catalan president Carles Puigdemont has traveled to Belgium alongside five of his ministers, where some believed that they will seek asylum.
Americans dig into savings in September to finance splurge on durable goods
Personal consumption in the US shot higher last month, easily outpacing expectations, as Americans dug into their savings to finance a sharp increase in spending on durable goods, especially on vehicles after recent hurricanes.
Former Trump election campaign chief Manafort indicted for Russia links
Paul Manafort, the former campaign manager for Donald Trump’s election campaign, has handed himself in to the FBI after being indicted as part of an investigation into Russian meddling into last year’s election.
Spanish prosecutors to bring rebellion charges against Catalan officials
Spain's chief prosecutor José Manuel Maza has called for charges of rebellion, sedition and provocation to be landed on Catalan leaders in the wake of Friday's independence declaration.
First arrests in Washington related to Mueller's Russia inquiry
The first arrests in relation to the US inquiry into Russian interference in the 2016 presidential election are imminent, with charges being brought against former campaign officials.
Euro area economic sentiment hits 17-year high
In October, economic sentiment in the single currency area hit its highest mark since January 2001, boosted above all by more robust readings for retail trade and construction.
BoE credit figures show consumers still borrowing to smooth out spending
Money and credit figures from the Bank of England showed levels of consumer lending remained little changed, with no dramatic news to derail a likely nudge higher to interest rates later this week.
Hammond dealt tricky hand from £20bn Budget black hole - IFS
A ballooning public deficit could create a near-£20bn hole in the budget and make it hard for Chancellor Philip Hammond to concede to the growing demands for more public spending, new research from the Institute for Fiscal Studies suggested on Monday.