In your catch-up this week, we look at rising fuel prices, outlet closures for M&S and Carluccios, and GDPR. Mark Carney is to announce UK GDP figures this morning and has already revealed the cost of Brexit on UK households. In other news, Sony is to buy EMI Music Publishing and become the biggest news publisher worldwide.

 

 

 

  • You will undoubtedly have received a flurry of emails over the past few months regarding privacy policies. This has increased to a flood over the last week as the GDPR deadline is finally upon us. The General Data Protection Regulation will give citizens in the EU more rights over how companies and associations use their personal information.

 

  • The Bank of England’s governor, Mark Carney, has said that the Brexit vote has cost each household in the UK £900. He said: “Real household incomes are £900 per household lower than we forecast in May of 2016”. He also said that the economy was 2% smaller than forecast before the referendum in 2016.

 

In the news this week: Trump, Rolls-Royce and 21st Century Fox

Trump has been all over the headlines this week after the meeting with Kim Jong-un, however, it’s Trump’s tariffs that are the main business news this week. Also in the news, Rolls-Royce has announced a restructuring that will result in thousands of job...

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