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The latest industry news and updates
According to a poll released today, David Cameron’s approval rating is at its lowest level in the two years since he was elected. Liberal Democrat leader Nick Clegg’s approval rating is down 1%. Almost half of respondents said they did not know who would make the best Prime Minister.
According to the Office for National Statistics (ONS), February saw British factory output suffer its biggest fall in almost a year casting doubt on the health of the country’s economic recovery. Manufacturing output fell 1% reflecting an annual decline of 1.4%.
Solid manufacturing figures out of the US helped European stocks rebound today, offsetting the weak start to the day after the increase in Euro zone unemployment was announced.
Reports out of the USA claim that Americans have increased spending by the highest figure in seven months and that consumer sentiment continues to increase. Both stories have contributed to helping Asian markets to extend their gain today.
Despite reports that the regulatory regulations could cause the branch purchase to fall through Lloyds Banking Group was quoted as saying “Exclusivity with the Co-op will continue. It is the preferred bidder.”
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