What CAs need to know this week: 18 January 2016
A look ahead to some of the key things happening this week.
MPs debate Trump petitions
MPs will debate two e-petitions on US Presidential Candidate Donald Trump today (Monday). One will argue that the outspoken billionaire should be banned from entering the UK, while the other opposes any such ban.
Future of assurance debated
The future of assurance and other related topics will be discussed at an event hosted by ICAS at PwC’s London Embankment offices on Tuesday. Speakers will include Marek Grabowski, Director of Audit Policy at IAASB and Gilly Lord, Head of Regulatory Affairs at PwC.
Chinese GDP data awaited
China will publish its fourth quarter GDP figures on Tuesday, providing indicators on retail sales, industrial production and urban investment. With continued uncertainty in the markets, NYSE Governor Rich Barry last week ranked Chinese currency stability second only to oil price stability as factors creating weakness in markets.
Royal Mail posts its latest figures
Royal Mail and Halfords will be among the latest companies to provide key post-holiday season trading figures this week. There will also be updates from companies including Cairn Energy, WH Smith, and Wetherspoon. Among those publishing final trading figures this week will be Unilever.
Latest unemployment statistics
The latest UK unemployment figures will be published on Wednesday. The UK rate fell to 5.2 per cent according to figures published in December. That was a fall of 110,000 to 1.71m people between August and October. There were 31.3m people in work, an increase of 505,000 on the previous year.
Keynote speech from Carney
Bank of England Governor Mark Carney will deliver his first keynote speech of the year in London on Tuesday, the same day the Office for National Statistics publishes inflation figures for December. The speech follows last week’s decision by the Monetary Policy Committee to keep interest rates on hold again.
Insight into car production
The Society of Motor Manufacturers and Traders in the UK will announce year end car production figures for 2015 on Thursday. Last week the Association of European Carmakers said sales reached 14.2m last year but added that sales are still below pre-economic crisis levels.