Five things CAs need to know this week: 24 April 2017

CA Today Santiago
By Eleanor O'Neill, CA Today

24 April 2017

A look ahead to some of the things happening in business, accountancy and politics this week.

1. ICAS President Ken McHattie CA to speak at Brexit event in Paris

In his final event as ICAS President, Ken McHattie CA joins Mike McKeon CA, Chair of the ICAS Brexit Advisory Group, at Le Cercle de l'Union Interalliée today (24 April) for a discussion on 'The Impact of Brexit'.

The interactive session will cover commentary on the current political landscape, the development of Brexit so far and the role of ICAS.

The event is free for ICAS members and tickets are still available.


2. ONS will release preliminary GDP figures for 2017 Q1

The first 2017 estimate of the UK's gross domestic product (GDP) is due for publication on 28 April.

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.


3. High street banking statistics to be published by the British Bankers' Association

The monthly report from the British Bankers' Association (BBA) showing the trends in deposits and finance for UK households and businesses in March 2017 will be released on Friday 28 April.

Businesses have been cautious towards borrowing in recent months, likely reflecting lingering Brexit uncertainty, and February's statistics reported a subdued annual growth of 0.9%.

Consumer credit was shown to be growing at a rate of 6.6% year on year.


4. Results due from GlaxoSmithKline, Harvey Nash, Havelock Europs 

  • Monday: Finals due from Nasstar PLC.
  • Tuesday: Interim due from Apax Global Alpha. Finals due from Circassia Pharmaceuticals, Havelock Europa, Minds + Machines Group, Optibiotix Health, Redstoneconnect and Whitbread.
  • Wednesday: Interims due from GlaxoSmithKline, PROACTIS Holdings and Redefine International. Finals due from GAN PLC, Hunters Property, Phoenix Spree Deutschland, U And I Group and Walker Greenbank.
  • Thursday: Interims due from AstraZeneca, C4x Discovery Holdings and Novolipetsk Iron and Steel Corp. Finals due from Air Partner, Aseana Properties, Deltex Medical Group, Gaming Realms, Havelock Europa and Harvey Nash Group.
  • Friday: Finals due from Vimetco Nv and Jersey Oil And Gas.

[This is Money]

5. And in case you missed it...

In a speech to the Innovate Finance Global Summit, the Financial Conduct Authority (FCA) Executive Director of Strategy and Competition, Christopher Woolard, pledged that the next stage of Project Innovate would look to remove regulatory barriers for FinTech.

EY was named as a global leading consultant for FinTech in a report on the sector from ALM Vanguard™.

Brendan Williams, Associate Director of ALM Intelligence, said: “EY’s deep relationships in the global FinTech startup community enable it to provide deeper and more nuanced market insights to its established financial services clients.”


  • Business

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