38 min listen
The Companies and Markets Show: Pendragon, disinflation and pet care
The Companies and Markets Show: Pendragon, disinflation and pet care
ratings:
Length:
30 minutes
Released:
Sep 29, 2023
Format:
Podcast episode
Description
Mark Robinson kicks off today’s podcast with a discussion about used-car retailer Pendragon’s (PDG) results. The company’s rating has shifted in the past year since AutoNation Inc’s (US:AN) £447mn takeover proposal, but the industry is still facing headwinds after the pandemic. In a similar motoring vein, Julian Hofmann shares his thoughts on the EV market, which is set to heat up as Germany and China gear up for a trade fight.Our economics expert, Hermione Taylor, jumps in the driving seat for the next segment, sharing her thoughts on how long it will take for the UK to get back to normal inflation figures. She draws on Bank of England data, which are infused with reasons to doubt a fall in inflation, but she says that there are some reasons to be optimistic. Jennifer Johnson then reveals what we can expect to see in the pet care industry. The share price of CVS Group (CVSG), one of the six big players in the sector, fell after the Competition and Markets Authority (CMA) announced an investigation into the sector, “exploring how well the market is working for pet owners”. As the British tend to dote on their four, or more, legged family members, pet owners will often splash out on veterinary needs, sometimes scrimping on other spending if needs be. Is this love-fuelled spending being exploited for cynical, profit-driven ends? Hosted on Acast. See acast.com/privacy for more information.
Released:
Sep 29, 2023
Format:
Podcast episode
Titles in the series (100)
Investors Chronicle Companies & Markets Show 12 Dec 2014: Investors Chronicle Companies & Markets Show 12 Dec 2014 by Investors Chronicle See acast.com/privacy for privacy and opt-out information. by Investors' Chronicle