Five things CAs need to know this week: 8 July 2019
A look ahead to some of the things happening in business, accountancy and politics this week.
1. Top 100 Young CAs announced on Wednesday
This Wednesday ICAS will announce its list of Top 100 Young CAs for 2019.
In this year’s list, ICAS has identified young CAs who excel in the areas of technology, trust and talent.
ICAS's next One Young CA will be selected from the list and announced at The Future Generation event held in September.
2. Figures on GDP and trade due to be released
Number released on GDP this week are expected to show that it experienced a small rise in May having dropped by 0.5% in April.
The fall in April was largely due to concerns from firms that a no-deal Brexit was fast approaching.
However, the numbers will also show that services activity has all but ground to a halt over the past five months, and trade figures will likely show that export volumes have dropped off over recent months.
It's not all doom and gloom however as the latest survey from RICS's should cheer up housing investors as prices are falling at a slower rate than earlier in the year.
3. FD survey reminder
There is still time to take part in The CA’s 2019 Finance Directors’ Survey. Over the last few years we have had a great response from FDs and CFOs, which gives us a much clearer idea of the important issues for finance leaders and their teams, around the world.
We are looking for input from ICAS members in FD, CFO or equivalent roles, whether at a parent organisation or a subsidiary or other unit.
All responses are treated in the strictest confidence.
Please note that the survey will now close on Thursday 18 July.
4. Off again, on again: US seeks to restart China trade talks
Last week, officials in the Trump administration were seeking to set up a call this week between US and Chinese trade principals.
If it goes ahead it will mark the first ministerial-level negotiations since the beginning of May.
Whether the call goes ahead remains to be seen as reports have suggested that Chinese trade officials are demanding that the US removes all tariffs on the country before any talks resume.
This comes just over a week after President Trump met with his Chinese counterpart Xi Jingping at the G20 summit in Japan, where Trump told the media that they had reached an trade truce.
5. Results due from Abbey, Ocado and Urban Logistics.
- Monday: Finals due from Abbey, Mercia Technologies and Trakm8 Holdings.
- Tuesday: Interims due from Amino Technologies, Micro Focus International and Ocado. Finals due from Collagen Solutions, Knights Group Holdings and Photo-Me International.
- Wednesday: Finals due from Yourgene Health.
- Thursday: Finals due from Dart Group, Ilika and ReNeuro.
- Friday: Finals due from Urban Logistics.