Five things CAs need to know this week: 22 May 2017
A look ahead to some of the things happening in business, accountancy and politics this week.
1. The 2017 ICAS Tax Conference to take place in Edinburgh
The annual ICAS Tax Conference, this year entitled 'Tax in Uncertain Times', is scheduled for Tuesday 23 May.
Tackling the issues of Making Tax Digital, BEPS and the public and political responses to corporate tax, the 2017 conference seeks to inform and debate the modern challenges in the profession.
Speakers at this year's event include EY's Global Compliance and Reporting Services Leader, Aidan O'Carroll CA, Director of the WU Global Tax Policy Center, Professor Jeffrey Owens, and Derek Mackay MSP, Cabinet Secretary for Finance and the Constitution.
2. World leaders to gather in Brussels for NATO summit
Representatives from NATO member nations will attend a summit in Brussels on Thursday 25 May.
Secretary-General Jens Stoltenberg stated recently that the conference would focus on two topics: transatlantic burden-sharing and NATO's anti-terrorism stance.
US President Donald Trump will attend the summit in his first visit to Europe since his inauguration. It is expected that he will attempt to persuade the organisation to formalise their role in the fight against ISIS.
3. Institute for Fiscal Studies to announce political manifesto analysis
The Institute for Fiscal Studies (IFS) is due to release an independent analysis of the Conservative and Labour Party manifestos on Tuesday 23 May.
A briefing and Q&A session will be live-streamed from 10am for the general public.
4. Office of National Statistics to publish 2017 Q1 GDP estimate
The second 2017 estimate of the UK's gross domestic product (GDP) is due for publication on 25 May.
Changes to the country's GDP are used as the main indicator of how economic growth is progressing. In the last quarter of 2016, UK GDP was estimated to have increased by 0.7%, continuing a steady climb throughout the year.
Preliminary estimates are based on the output approach measures of gross value added (GVA), analysed at a detailed industry level.
5. Results due from Marks & Spencer, PayPoint, Pets at Home, TBC Bank Group
- Monday: Interims due from Cerillion Plc and TBC Bank Group. Finals due from McKay Securities.
- Tuesday: Interims due from Greencore Group, MHP S.A GDR, The Paragon Group of Companies, Renew Holdings, Topps Tiles and UDG Healthcare. Finals due from Assura Group, AVEVA Group, Big Yellow Group, Cranswick PLC, De La Rue PLC, Electrocomponents, Hibernia REIT, Homeserve PLC, Shaftesbury and Severn Trent.
- Wednesday: Interims due from Frutarom Industries and Britvic. Finals due from Babcock International Group, Great Portland Estates, Hogg Robinson Group, Lombard Risk Management, Mediclinic International, Marks & Spencer Group, Nature Group, Pennon Group, Schroder Real Estate IT and Vedanta Resources.
- Thursday: Interims due from Daily Mail and General Trust, Schroder European Real Estate Investment Trust and Urban & Civic. Finals due from Caledonia Investments, Halfords Group, Helical Bar, Intermediate Capital Group, MITIE Group, PayPoint, Pets At Home Group, Tate & Lyle PLC, United Utilities Group and Wizz Air Holdings.
- Friday: Interim due from IXICO Plc. Finals due from Volvere.