London Report: Consumers upbeat as momentum of recovery continues
THE GFK consumer confidence survey, CBI Distributive Trades Survey and Nationwide house price data are the key economic reports in a quiet end-of-summer week before next week’s slew of rates, statistics and money supply data.
Analysts expect consumer confidence to remain high, showing the continuing economic recovery.
Today’s results come from Antofagasta, Bunzl, Kentz, Petrofac, Regus, Stagecoach and WPP, while 888 Holdings, APR Energy, Cambian, Cape, Chime Communications, Evraz, Foxtons, Grafton, Hansteen, John Laing Infrastructure and Polymetal International report tomorrow.
Arrow Global, Gulf Marine Services, Hays, IP Group, Lamprell, Marshalls, Melrose, Nostrum Oil & Gas, Paddy Power, Petropavlovsk, Playtech, Salamander Energy; Servelec; SOCO International, STV Group, UNITE and Xaar will give figures on Thursday, while Berendsen; Bwin.party, Computacenter, Headlam, Lavendon, Perform. Stobart and The Restaurant Group will update the market on Friday.