What CAs need to know this week: 8 February 2016

CA Today - Milan Skyline
By Michael McGlinchey, CA Today

8 February 2016

A look ahead to some of the key things happening this week.

Chinese New Year sees holiday exodus

With celebrations under way for the Chinese Lunar New Year on Monday, there are predictions of a record six million Chinese tourists travelling abroad for the national holiday this week.


Budget look-ahead from IFS

The Institute for Fiscal Studies will publish its ‘Green Budget’ for 2016 on Monday. The IFS Green Budget examines key areas of interest in the run-up to the UK Chancellor’s Budget announcement in March.


Transport Secretary quizzed on airport decision by MPs

UK Transport Secretary Patrick McLoughlin will be questioned by the House of Commons Transport Select Committee on Monday about his reasons for delaying a final decision on a new airport runway in the south east of England until after the mayoral election and EU referendum.

[The Telegraph]

Politics, fiscal policy and personal reflections

Thursday will be a busy day on the ICAS events calendar, with Merryn Somerset Webb, Editor of Money Week and BBC Scotland Political Editor Brian Taylor featuring at the Seeing the Future Event in Edinburgh. Dame Clara Furse, of the Bank of England Financial Policy Committee, and ICAS President Jim Pettigrew CA will also feature in events that day. Watch out for reports on CA Today.

[ICAS events]

Cameron delivers key speech on Europe

With negotiations continuing over a deal to establish a new relationship between the UK and Europe, Prime Minister David Cameron will be in Hamburg on Friday for negotiations with German Chancellor Angela Merkel. He will then deliver the annual Matthew’s Day speech there.

[Aol news]

Manufacturing and construction statistics due

The UK Office for National Statistics will publish trade figures for December on Tuesday and construction sector figures for the fourth quarter at the end of the week.


Travel firms’ performance among updates

The week ahead will see trading updates from travel firms Thomas Cook and TUI. There will also be updates from ICAP, Bellway Homes, SABMiller, Cable and Wireless, ARM Holdings, Dairy Crest and Imperial Tobacco, among others.  Rolls-Royce will post final year figures on Friday.

[Bloomberg Markets]


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