After last week was dominated by economic data and interest rates, this week looks set to focus more on the UK’s productivity problem, with businesses hoping to start the run-up to Christmas with a boost in takings despite the public still taking a cautious stance over spending. With the Budget later than usual, that might well continue.
The government have given the green light for a second runway at Gatwick to be planned and built, while an entrepreneur is attempting to build a gas storage site which would add 50 per cent to Britain’s capacity for emergency access against the threat of blackouts. In the US, Donald Trump has confirmed the buyers of TikTok include Larry Ellison and Michael Dell, two of the world’s ten richest billionaires.
