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The 10 things to watch in business on Thursday September 3

Easyjet has raised its profit expectations; Economists warn Corbynomics could be 'highly damaging' ; Nissan invests £100m in UK plant

Zlata Rodionova
Thursday 03 September 2015 08:31 BST
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British low-cost airline easyJet raised its full-year profit forecast by around 7 per cent today after record passenger numbers in August helped to offset the higher costs the group has faced this year.
British low-cost airline easyJet raised its full-year profit forecast by around 7 per cent today after record passenger numbers in August helped to offset the higher costs the group has faced this year. (Bloomberg)

1. Asian markets are mixed. Japan's Nikkei is up 0.73 per cent, while the Hang Seng is down 1.14 per cent. Chinese markets are closed today and tomorrow for a public holiday.

2. The European Central Bank will announce its latest interest rate decision at 12.45pm, today, followed by a press conference and policy statement at 1.30pm.

3. The August services PMI numbers for the UK, France, Spain, Italy and Germany, will also be released today. They will be watched closely for signs of growth in the continent's major economies.

4. Fifty-five academics from Britain’s universities said Jeremy Corbyn’s economic would be “highly damaging” to the UK, in a letter to the Financial Times

5. Alton Towers founder John Broome intends to turn a Cornwall theme park into a "premier European resort".

6. British low-cost airline easyJet raised its full-year profit forecast by around 7 per cent today after record passenger numbers in August helped to offset the higher costs the group has faced this year.

7. Some 3.7 million women - nearly three in 10 employees - will receive a pay rise by 2020 owing to the new National Living Wage, research suggests.

8. Hundreds of tractors were heading towards Paris for a protest due to take place on Thursday where French farmers will call for more help with low prices and high costs in the European Union's largest agricultural producer.

9. Japanese carmaker Nissan has announced it will invest £100million in its UK plant to build the new Juke model.

10. Lufthansa could face yet another pilots strike. German pilots union Vereinigung Cockpit (VC) said Lufthansa had rejected its offer of concessions and said it could call for strikes at any time.

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