What CAs need to know this week: 9 November 2015
A look-ahead at some of the key things happening this week.
UK’s EU reform wishlist to be unveiled
We will get a glimpse into what is on Prime Minister David Cameron's wishlist for EU reform this week, when his letter to Donald Tusk, the President of the European Council, is published. The letter is expected to detail the UK's planned renegotiation of its ties with the EU. The Prime Minister has already committed to an in-or-out EU referendum by the end of 2017. Figures on the Eurozone's Q3 GDP are also due on Friday (13 November).
China to announce key economic indicators
China will be releasing a range of key economic data this week. The country will be announcing its official industrial production, investment and retail sales data on Wednesday (10 November), as well as inflation data for October tomorrow (10 November). Analysts are expecting industrial production growth to have risen above 6% for the full year of 2015. The country’s industrial sector has suffered from slowing demand and declining investment and exports.
Results due from Vodafone, SSE, Sainsbury’s, SABMiller, Burberry, TalkTalk
It’s a week of interim results from some of the UK’s biggest companies. Vodafone, Experian and Land Securities Group will report their interim results on Tuesday (10 November); Sainsbury’s, SSE and TalkTalk are due on Wednesday (11 November); and Burberry, First Group, Halfords and SABMiller are on Thursday (12 November). Trading updates are also due this week from Prudential, ITV, Tullow Oil, Premier Oil, Rolls-Royce and Barratt Developments.
OECD delivers outlook on global economy
The OECD will launch its latest World Economic Outlook later today (9 November), at its seventh World Forum in Paris. The Economic Outlook will present the latest prospects for the global economy, including country-by-country analysis, forecasts and trends for over 100 member countries and other major economies.
ICAS to hold insolvency conference
ICAS will be holding its annual Insolvency and Restructuring Conference on Wednesday and Thursday (11-12 November), bringing together insolvency and economic experts from across the UK. Speakers include Professor Trevor Williams, Chief Economist at Lloyds Bank; Fergus Ewing MSP, Minister for Business, Energy and Tourism; Donald McNaught, Partner at Johnston Carmichael; and Brian Wright, former Detective Chief Inspector and National Head of Economic Crime and Financial Investigation.