Queen officially ends summer at Balmoral early arriving at Sandringham with Prince Philip

However, the monarch, 94, will still spend some time with husband Prince Philip, 99, at Sandringham before heading to Windsor to continue her royal engagements. She and Philip were seen being driven away from the Balmoral estate en route to the airport, according to the Daily Mail.

Despite the end of the summer getaway upon them, the Queen and the Duke were happy enough to wave at photographers from the vehicle.

The couple will now spend around two weeks in each other’s company before the Queen gets back to work.

According to a Buckingham Palace spokesperson, the Queen will return to Windsor Castle at some point next month.

The spokesperson said: “Subject to the finalisation of the autumn programme, Her Majesty’s intention is to return to Windsor Castle in October and to resume the use of Buckingham Palace for selected audiences and engagements.

“These plans will be kept under review and will of course be subject to all relevant guidance and advice.”

This week, it was revealed Prince Philip will also be joining the Queen when she returns to Windsor for her royal duties.

The Duke would have preferred to stay at Sandringham, royal sources told The Sun.

However, there would not have been enough staff to run two ‘bubbles’ in order to keep the two royals safe.

READ: Queen Elizabeth II: Where in the world is the Queen still Head of State?

Indeed, royal experts have suggested the couple have spent more time together through the coronavirus pandemic than usual.

Joe Little, managing editor of Majesty magazine, has said the couple have spent more time under the same roof recently than in “many years.”

Sandringham, in Norfolk, is the Queen’s country estate and has been used by British monarchs since the 19th century.

It is still often used by royals today, with Sandringham House surrounded by 60 acres of garden, according to the Sandringham Estate website.

Traditionally, Sandringham is also the Royal Family’s Christmas and New Year getaway.

However, these plans may be affected if the government’s new ‘rule of six’ coronavirus restrictions continue on until the end of this year.

In other royal news, the Caribbean island nation of Barbados has announced its intention to remove the Queen as its head of state by next year.

BBC Weather: Summer heatwave returns as blistering 30C weekend temperatures engulf UK

For Friday, Taylor said: “Today is quite wet and windy in Scotland and Northern Ireland. That is due to some cloud spilling off the Atlantic.

“There will even be some heavy rain and winds touching 40 to 50mph at times in western Scotland.

“The weather will be drier in England and Wales, with temperatures as high as 20 in the southern corner.”

The BBC meteorologist said that temperatures will drop into single figures overnight into Saturday.

JUST IN: BBC Weather: Temperatures rocket to 30C across sunny Europe

He continued: “On Saturday, the temperatures will very similar to today.

“From Saturday into Sunday, there is lots of heavy rain in western Scotland and a risk of flooding as well.

“That rain will linger in northern Scotland as we move through Sunday, but from southern Scotland onwards we will see increasing amounts of sunshine.

“Temperatures will be on the rise more widely, into the 20s by Sunday afternoon as the country starts to warm up.

This is due to warm air arriving from Europe, with the south of England set to feel the best of the heat. 

Met Office spokesman Grahame Madge said: “This is quite unusual for this time of year although it is not unprecedented. The record temperatures for September is around 35C.”

The latest hot weather maps from Netweather show scorching highs to linger in the south east until next Thursday.

Madge said that by the middle of next week the weather will turn more unsettled and temperatures will drop back to normal levels for this time of year.

UK weather forecast: Indian Summer to SMASH the UK with 30C heatwave NEXT WEEK

The UK saw temperatures rocket into the high 30sC last month before storms swept the nation. There were five storms which smashed into Britain with the latest being Storm Francis.

But heatwave weather is set to return from Monday as temperatures are expected to reach 30C again.

Jo Farrow, Netweather forecaster, said: “There will be another surge of warmth, even heat for the start of next week as temperatures head back into the 20sC, even low 30sC possible around London.”

Before the Indian Summer scorches the UK, there will be a few days of dry and sunny weather in most parts of the country.

Alex Deakin, Met Office Meteorologist, said: “Lots going on with the weather over the next several days.

“Yes, a warm spell is on the way and also the weekend some heavy rain in places as well.”

On Friday there will be a dramatic divide between the North and South of the UK’s weather.

Mr Deakin said: “For Friday though it’s more of a classic North South split.

“Now the weather is no respecter of borders but generally speaking across Scotland and Northern Ireland that’s where we’ll see gusty conditions and a spell of rain moving its way slowly southwards.”

READ MORE: BBC Weather: Temperatures rocket to 30C across sunny Europe

“Further south widely in the high teens and again east Anglia in the southeast getting into the low 20sC.”

Over the weekend, warm air will begin to spread over the UK gradually.

From Monday, temperatures will skyrocket bringing a heatwave due to southerly breezes.

Britons can prepare to get their barbecues back out for an Indian Summer blast.

Britons can prepare to get their barbecues back out for an Indian Summer blast.

The tropical plume will cause scorching 30C and higher temperatures.

Ms Farrow said: “By Monday the frontal bands should have shifted northwards, moving the rain and a southerly breeze takes over as the warmth builds.

“Monday and Tuesday should be very warm with temperatures throughout the UK lifting, 31C is possible.”

Weather forecasters are predicting the heat to come back to the UK with a “vengeance”.

Jim Dale, British Weather Services Meteorologist, said: “Just as people were putting away the barbecues and sun creams, it’s time to get them back out again.

“Early next week we are likely to see temperatures lift into the 30s across parts of Britain as heat arrives with a vengeance.”

UK hot weather forecast: Tropical 31C to bake Britain- late summer hits as maps turn black

“We’ll really start to notice it on Sunday with 25C on the cards, before 31C on Monday and again Tuesday.”

While Thursday and Friday may bring a risk of showers to much of the UK, with temperatures feeling cool.

Speaking about Thursday’s weather, BBC forecaster Phil Avery said “There will be some sunshine to go with that rather chilly start.

“But as I get you on into the afternoon, I think the cloud is going to fill in and the sunshine will become ever more fleeting.

“And not just as warm as we’ve seen it of late.”

UK heatwave: Indian summer to hit UK as extreme weather develops across Europe – MAPS

Extreme warmth will also continue over parts of France, Benelux, Germany, and northern Balkans.

By Wednesday, western Europe will cool down as an Atlantic air mass comes closer into the southwest part of the European continent.

Temperatures will likely return into normals over the UK and Ireland by mid-week next week.

In its long-range forecast for Monday, September 14 to Wednesday, September 23, the Met Office forecast “settled” conditions.

The UK’s national weather forecaster wrote: “The start of the period is likely to bring a change to the weather seen in recent weeks, with conditions expected to become more settled in the upcoming days.

Labor Day weekend air travel hits nearly 6-month high, but holiday caps dismal summer season

Travelers wearing face shields and protective masks walk with their luggage inside Tom Bradley International Terminal at Los Angeles International Airport (LAX) in Los Angeles, California, U.S., on Thursday, Aug. 13, 2020.

Bing Guan | Bloomberg | Getty Images

Late-summer getaways helped lift air travel during the Labor Day weekend but the coronavirus pandemic has left its mark on what has shaped up to be a dismal season for airlines.

The number of people screened by the Transportation Security Administration reached 968,673 on Friday, the highest since March 16, agency data released on Monday showed. During the Friday-through-Monday holiday weekend, close to 3.3 million passengers passed through TSA checkpoints, down nearly 60% from the holiday weekend in 2019. That, however, is an improvement from the depths of the coronavirus crisis in April when passenger volume was off by more than 95%.

From Memorial Day through Labor Day weekend, which comprises what is generally the busiest and most lucrative time of year for airlines, TSA screened 65 million people, down nearly 76% from the 269 million it screened on the same dates last year.

Airlines are now scrambling to create more flexible policies to win over travelers, particularly as what is generally the slower fall season followed by the end-of-year holidays approach. Among the changes is a scrapping of domestic ticket-change fees by United last month. A move Delta and American followed with similar policies.

Facing a dearth of business travel as companies are still reluctant to fly workers for meetings and events during the pandemic, carriers are also adding service to leisure destinations near mountains or beaches to try to fill planes.

BBC Weather: Final summer heat to engulf UK with balmy temperatures and humid nights

BBC Weather forecast the UK will experience a last wave of summer weather before the season ends, courtesy of two weather fronts clashing off the coast. BBC forecaster Sarah Keith-Lucas said the front will cause a significant weather split between the north and south of the UK, with Scotland and Northern Ireland on track for a rainy day. Ms Keith-Lucas said: “We’ve got the cloud that’s just coming from the north and the west. But through the day, it’s going to be a day of mixed fortunes because we’re going to have a lot of that cloud bringing some outbreaks of rain in the north and the west.

“It’s also going to be quite windy as well but further south and east, a different sort of day. Mostly dry in the south and the east, with a bit of sunshine coming through and it’s going to feel reasonably mild if not warm for many of us through the day.

“We’ve got an area of high pressure that’s moving its way from the southwest but also low pressure well to the north of the UK. These trailing weather fronts, that’s bringing the rain and the blustery wind in the north and west.

“We’ve had quite a lot of rain overnight across Scotland and Northern Ireland, that rain continues to push its way through northern England into Wales as well.

“It becomes quite showery and patchy as it heads towards the south and the east. Much of southern and eastern England, also eastern Scotland this afternoon looks bright and dry, with temperatures in the low 20s but for most of us, we’re in the high teens through the afternoon.”

JUST IN: Subtropical September heatwave to blast Britain hitting 26C THIS WEEK

The BBC meteorologist said the drizzle is set to remain a feature for some areas well into the evening as she noted temperatures will make conditions quite “humid”.

She said: “Through this evening and overnight, we’ll continue to see quite a lot of cloud, few spots of light rain or drizzle pushing south across parts of Wales, northern England as well.

“To the south of that, you can see some mist and fog patches around and for all of us, a reasonably mild, in fact, quite humid sort of night.”

Temperatures are expected to continue rise through the week thanks to warm air pushing in from the northwest, despite low pressure set to continue producing rain in the north. 

Net Weather TV also forecast a comeback of warmer conditions, with its latest charts showing temperatures will hit a peak on Tuesday afternoon.

A spokesman for the Met Office however said the sudden temperature surge will not be high enough to constitute a heatwave.

He said: “It is likely to turn warm in the south-east of England where temperatures will rise into the low 20Cs, perhaps mid-20Cs in one or two spots.

“At present, this is not expected to fit the criteria for a heatwave, however, as this requires temperatures of 27C or higher in the south-east for at least three consecutive days.”

UK weather map: Summer to make last hurrah with 24C hot weather to blast Britain in days

Long-range forecasts revealed clear weather in the south would prompt overnight fog before an unseasonable chill sets in.

The Met Office forecast for September 9 to 18 predict the mercury will dip “a little cooler”.

The forecast reads: “A mainly settled start is expected for this period in the south of the UK with fine and dry weather.

“Although, with clearer skies and lighter winds, mist or fog may form on some nights.

“More unsettled spells of weather are expected in the north of the UK with rain and strong winds for many, with a risk of this pushing further south at times.

“Temperatures should be around average for the time of year, however it may be a little cooler than such for some.”

UK long-range weather forecast: The END of summer? Temperatures PLUNGE as hot weather over

The forecast reads: “The period is likely to start with changeable conditions across much of the UK, with a good deal of cloud, rain and showers in places.

“Generally, temperatures are likely to be rather cool across the country but may be near normal in the south.

“It’s likely that we could see some chilly nights to start off with, but they may gradually turn warmer.

“There is a chance that some rain and stronger winds may develop early next week in the north and west, with the south and east possibly remaining dry.”

S&P 500 heads for best August since 1986 as stunning summer rally continues

It’s been a great August, up 6% for the S&P 500, the best August since 1986.

But then again, it was a great July.  And a great June. May was pretty good, too, and April was downright eye-popping.

The Summer Rally (S&P 500 Monthly Returns)

  • April: up 12.7%
  • May: up 4.5%
  • June: up 1.8%
  • July: up 5.5%
  • August (so far): up 6.6%

Five straight up months. What’s going on?

“August is going to come out looking like capital markets are endorsing a US cyclical recovery,” Nicholas Colas from DataTrek told clients in a recent note.

Colas freely admits that August’s outside return has a big asterisk: Apple’s 18% run-up.

“This meaningfully skews everything from Tech sector returns to Growth/Value performance spreads and even the S&P 500’s August return,” he said, noting that without Apple, the S&P would only be up 4.1% on the month, not 6.8%.

Still, it sure looks like the market is endorsing an economic rebound. The small-cap Russell 2000 is also up about 6% for the month.  High-yield corporate funds are outperforming all other bond market classes. If the trading community was worried about an imminent economic downturn, neither of those two sectors would be leading.

The market has held up on a combination of optimism on a treatment/vaccine, along with massive Fed stimulus. 

There’s still optimism on the vaccine front, but now that the Fed has announced its program to keep rates lower for longer and tolerate higher inflation levels ahead of its much-anticipated September 16th meeting, many are arguing the rally based on a Fed “put” (a floor below the market) has gone about as far as it can go.

“The Fed easy money story now priced into the market,” Alec Young, Chief Investment Officer at Tactical Alpha LLC, told me. “It’s buy the rumor, sell the news.” 

But even Young admits that may only suffice to pause, but not derail the rally. He also argues the market needs a pause in the relentless digital/work from home story: “It is not healthy to have the index dominated by a few technology stocks,” he said.

None of this means the market will drop, and there are still plenty of bulls who insist the market is going higher.

Jim Paulsen at Leuthold is one of them: he has been bullish and remains bullish, though he freely admits the market could see a 10% correction.

He also freely admits that tech stocks are extended, but insists the fundamentals for tech are rock solid and nothing like 2000.  Extended, he insists, does not mean they are waiting for a crash.

And he strongly disagrees with the popular notion that Wall Street has become disconnected from Main Street.

“It’s not just about the Fed put. People think there is no legitimacy to the rally, and they’re wrong.  Look at retail sales, or the ISM, or housing, or auto sales. Look at the improvement in unemployment claims. They’re all bouncing,” he said.

As for the narrow rally centered on tech, Paulsen believes the broader market is about to play catch-up.

How much? He said he would not be surprised if S&P corporate profits were $200 in 2021.  The current consensus is $165.

Profits 25% higher than consensus for 2021? That would go a long way toward justifying the rally. 

“We’ve had a 12% reduction in GDP, an all-time record,” he told me.  “But we may have an 18% improvement in GDP in the next 12 months, and that also would be an all-time high. That is going to bring in the broader market along with it.  You are going to have a major league shift in profitability into those cyclical names. When you thrust all those companies into a depression, and then you force them to get the most efficient they have ever been in their existence, and after all that, you give them a wartime boom?  Profitability is going to be maximized.”

Leuthold has told his clients to stay long: “I am going to own new-era tech, but I am going to own less of it going forward, and I am going to own more of the broader market–cyclicals, international, and small caps.”

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