Tom Owen: Star of 'Last of the Summer Wine' passed away at 73
From 2000 until 2010, Tom Owen portrayed the wandering Tom Simmonite in the popular and long-running BBC comedy. Tom Owen's family stated, "He passed away peacefully.
Tom Owen, the actor who starred in Last of the Summer Wine, died at 73. Tom Owen's debut on the program followed in the footsteps of Bill Owen, his father, who played Compo Simmonite, his on-screen father. Other TV appearances include The Bill, The Onedin Line, and Upstairs Downstairs.
Take Five: The last of the summer wine
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Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
The northern hemisphere summer is ending, and US President Donald Trump kicks off September by jacking up tariffs on $300 billion of Chinese imports to 15 per cent (from 10 per cent). A second phase of tariff hikes take effect mid-December. Targeting items such as mobile phones, smartwatches and video games consoles, the higher levies will kick in before Christmas shopping gets underway.
Consumer demand — two-thirds of US economic activity — has been resilient in the face of the escalating trade war with Beijing. But retailers such as Macy’s, Abercrombie & Fitch and Best Buy are now warning of profit hits as new tariff rounds bite. Best Buy predicts full-year same-store sales will rise 0.7 per cent to 1.7 per cent versus a previous 0.5 per cent to 2.5 per cent forecast. The S&P500 index posted losses this month for the first time since May.
China has expressed hopes Washington will cancel the additional levies and continue negotiations. But it has also said it might have no choice but to impose retaliatory tariffs. Next week will show whether it follows through on that threat.
The question is, can it afford to? Demand from Chinese businesses and consumers is faltering; last month, industrial output growth cooled to a 17-year low. Official surveys this weekend are expected to show factory activity slowed for the fourth straight month in August. Weak numbers and a total breakdown in trade talks may well see the yuan — down almost 4 per cent in August - extend its slide.
The northern hemisphere summer is ending, and US President Donald Trump kicks off September by jacking up tariffs on $300 billion of Chinese imports to 15 per cent (from 10 per cent). A second phase ..
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With US unemployment hovering around 50-year lows, President Donald Trump has touted “JOBS, JOBS, JOBS,” and a roaring stock market as evidence of his economic stewardship.
But stocks have fallen from July’s peaks, Treasuries are on a tear as investors seek safety and the yield curve is upside down – a very different spin from Trump’s. With markets signaling SOS, investors will fixate on unemployment data due on Friday for signs the trade war is nudging the economy toward recession.
Non-farm payrolls are expected to have grown by 155,000 in August, moderating from 164,000 in July but still a healthy clip. Unemployment is seen holding steady at 3.7 per cent.
Trump, though, loves to tout manufacturing jobs, often bragging about the nearly half-million production jobs created on his watch. That’s something to watch for in the August numbers — the last payrolls report showed manufacturers were already paring workers’ hours.
Also, the Philadelphia Federal Reserve’s index of factory employment in the mid-Atlantic region dropped this month by the most on record; the last time it fell anywhere near as much as this month was May 2006. Soon after, the Labour Department reported a loss of 23,000 factory jobs, and by the end of the year, manufacturing employment was in steady decline.
With US unemployment hovering around 50-year lows, President Donald Trump has touted “JOBS, JOBS, JOBS,” and a roaring stock market as evidence of his economic stewardship.
But stocks have fallen fr..
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Plenty of sunshine on Italian financial markets lately as erstwhile political foes 5-Star Movement and the Democratic Party (PD) managed to head off a snap election by joining hands to form a new coalition under the leadership of Giuseppe Conte. Investors reacted by pushing an index of blue-chip Italian stocks .FTMIB to its best weekly run in more than two years and 10-year government borrowing costs fell below 1 per cent for the first time ever.
What next, though? The new political tie-up is fragile because the two parties are longstanding political foes. Their coalition could suffer the same fate as the government that 5-Star formed last year with the League party. Citi analysts predicted the government to last as long as “the proverbial cat on a highway”.
But Italy will continue benefiting from upcoming interest rate cuts from the European Central Bank, which is also expected to resume bond-buying stimulus. Moreover, investors appear hopeful the coalition will pursue a prudent fiscal policy and avoid confrontation with Brussels over spending. This optimism may last at least until the government budget for 2020 is presented in October. For now, Italy is enjoying its moment in the sun.
Plenty of sunshine on Italian financial markets lately as erstwhile political foes 5-Star Movement and the Democratic Party (PD) managed to head off a snap election by joining hands to form a new coa..
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Argentina’s move to extend the maturity of its debt, raising the prospect of a full-scale sovereign default, has come at a bad time for emerging markets. Reeling from the Sino-US trade battle and the prospect of a global economic recession, the “re-profiling” of some $100 billion worth of Argentine debt is the latest shockwave for the sector.
So far, the Argentine crisis impact has been felt mainly by neighboring Brazil, a major trading partner. The Turkish lira, already weakened by last year’s collapse, has also wobbled. But demand for emerging markets was already waning — August outflows from emerging-market funds amount to $13.8 billion, the most since Donald Trump’s US election win in November 2016 — and the contagion might spread.
Many EM-watchers finger Lebanon as the next hotspot. Heavily indebted and facing heightened tensions with Israel, the price of some of Lebanon’s dollar bonds have plumbed new depths and the cost of insuring its sovereign debt against default has surged.
Argentina’s move to extend the maturity of its debt, raising the prospect of a full-scale sovereign default, has come at a bad time for emerging markets. Reeling from the Sino-US trade battle and the..
He died peacefully, according to his family, and is survived by his two children, James and William, and his ex-wife, Mary. Owen began his acting career after graduating from high school.
Tom Owen's father played a crucial role in finding him his first position as an assistant stage manager at Leatherhead Theatre in Surrey. After a year, he moved on to a similar place at the Westminster Theatre.
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After working for four years on TV, Tom Owen returned to the repertory theatre in Sidmouth, Devon, where he continued to work and direct.
Tom Owen was cast as Compo's long-lost son just days after his father died of cancer in July 1999.
Tom Owen learned about writer Roy Clarke's quest after receiving a phone call from the show's producer, Alan Bell.
When asked about taking on the job, he said it was strange when he came on set. It was emotional, but he determined early on that the best way to deal with it was to be a professional.
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FAQs
Why Tom Owen left the show? As his health deteriorated, the iconic performer exited the comedy series in 1975.
Who is Tom Owen? Tom Owen was a British actor best remembered for his role as Tom Simmonite in Last of the Summer Win.