Five things CAs need to know this week: 27 March 2017

CA Today Caracas
By Eleanor O'Neill, CA Today

27 March 2017

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

1. Prime Minister Theresa May to officially trigger Article 50

Theresa May will formally begin the process of the UK's EU exit on Wednesday 29 March by submitting an official letter of notification to the European Council.

She is also expected to deliver a full statement to the House of Commons later that day. A white paper is due for publication on Thursday, laying out the government's plans for incorporating EU and UK laws.

The agreed timetable allows for two years of negotiations before Brexit becomes official in 2019.

[BBC News]

2. Office for National Statistics to release economic well-being report

The economic well-being report for the final quarter of 2016 is due to be released on Friday 31 March.

Additional indicators to supplement traditional measures like GDP are collated in the analysis and used to present a more rounded and comprehensive basis for assessing changes in the UK economy.

The last publication reported a slight decrease in real household disposable income (RHDI), largely driven by inflated pricing of goods.

[ONS]

3. London Mayor Sadiq Khan to deliver speech in Brussels

Sadiq Khan is due to arrive in Brussels on Monday evening. He will meet with European Commission President Jean-Claude Juncker and other leaders on Tuesday 28 March.

The visit will be the first of a planned pre-Brexit European tour, aimed at strengthening the position of London as an international business and finance hub ahead of EU negotiations. Previous appearances in Germany, Spain and Poland were cancelled in the wake of the attempted attack on Westminster.

A spokesperson for the Mayor said: "The Mayor will proceed with visits to Brussels and Paris. They are two cities with a very close relationship with London and, with Article 50 due to be triggered... he will be making a keynote speech and attending a series of important meetings with key politicians and officials, during which both Brexit and security issues will be discussed."

[ITV News]

[European Commission]

4. Joint Committee to review cyber security risk

The Joint Committee on the National Security Strategy (JCNSS) will hold a consultation on cyber security risk in the UK on Monday 27 March.

Topics under discussion will cover international governance and the relationship between public and private sectors in cyber crime.

Expert witnesses slated to attend include representatives from PwC, Nettitude, the NCC Group and Cardiff University.

[Parliament.uk]

5. Results due from AG Barr, YouGov, Johnston Press, Alliance Pharma

  • Monday: Interim due from YouGov. Finals due from X5 Retail Group, Bank Of Cyprus Holdings, Eleco, Inspired Energy and SpaceandPeople.
  • Tuesday: Interims due from Artilium, Inland Homes, Moss Bros Group and Wolseley. Finals due from AA, AG Barr, Cloudcall Group, Card Factory, Ebiquity, Ergomed, Gulf Marine Services, Instem, Ladbrokes Coral Group, LiDCO Group, Personal Group Holdings, Premier Technical Services Group, Silence Therapeutics and Yu Group.
  • Wednesday: Interims due from Allergy Therapeutics, James Halstead and Transense Technologies. Finals due from Alliance Pharma, BBGI Sicav S.A., Centaur Media, Cambridge Cognition Holdings, Faron Pharmaceuticals, Gresham House, India Capital Growth Fund Ltd, Jackpotjoy, Johnston Press and Saga.
  • Thursday: Finals due from Amryt Pharma, Anglo Pacific Group, Booker Group, Genel Energy, International Public Partnership Ltd, Seplat Petroleum Development Company and SciSys.
  • Friday: Interims due from Touchstone Innovations and Pantheon Resources. Finals due from Chesnara, IPSA Group, Management Resource Solutions, Arria NLG and Starcom.

[This is Money]

Topics

  • Business

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