Money Minute Thursday 28 November: results from Virgin Money, plus eurozone sentiment

For more like this, sign up to Money Morning, our free daily email.
In the UK this morning, challenger bank Virgin Money presents its first full-year results following its acquisition by Clydesdale and Yorkshire banks.

Other companies reporting include guarantor loan group Amigo, which is reporting its half-year figures after issuing a profit warning in August. Its share price has fallen by more than half since then.
There’s also a trading update from public transport operator Go-Ahead Group.
In the eurozone, we get the latest snapshot of eurozone-wide economic sentiment. This gives a combined view of confidence across sectors – from manufacturing to retail – and across the region.
The measure has been weakening steadily over the past two years or so – in line with the weakening German economy in particular. But it is expected to have rallied a little this month, perhaps helped by the European Central Bank’s recent moves to relax monetary policy.
The US market is closed for the Thanksgiving holiday today.

Leave a Reply

Your email address will not be published. Required fields are marked *