Consumer confidence fell back to its long-term average this month
SHOPPING SLUMP Consumer confidence fell back to its long-term average this month, according to a survey by market research firm GfK.
The dip follows a slight improvement in March. However, confidence is up over the past three months.
LENDING LEAPS Commercial property lending in Britain jumped at the end of last year following a drop earlier in 2017, Cass Business School research shows. It means that £44.5billion was lent for property deals over the full 12 months, equalling figures for 2016.
PRICES UP House prices climbed by 0.2 per cent in April, Nationwide’s long-running index reveals. It means they have grown by 2.6 per cent since April last year, and the average price now stands at £213,000.
OFFICE TEST A test version of Office 2019, Microsoft’s next major software product, has been unveiled. The trial has been made available to businesses with the internet firm targeting firms who do not use its cloud-based services.
WEBSITE DEAL US website making firm Weebly has been snapped up for £265million by mobile payments company Square, run by Jack Dorsey, the co-founder of Twitter.
JOBS DELIVERED Delivery firm DPD is creating 700 jobs in response to a 40 per cent surge in demand for next-day deliveries. In addition to the part-time weekend delivery jobs, it will create 100 warehouse roles.
AIR OFFICER Aviation services firm Air Partner has appointed Chris Mann as interim chief financial officer after a £4million black hole was exposed in its accounts. Mann, who has worked at Gatwick Airport, replaces Neil Morris who quit following the accounting fiasco.
PET BOSS Peter Pritchard has started as chief executive of Pets At Home. Formerly boss of the store group’s retail arm, he takes over from Ian Kellett, who will remain until May 31 to complete the handover.