Business Information Service: This week
Sunday 20 February 1994
The US markets will be closed for President's Day.
Fourth quarter GDP in the UK is expected to be broadly in line with the previous quarter. Hardening insurance rates and relatively good weather should help to push GRE's pre-tax profits for the year up to a healthy pounds 147- pounds 180m. Unilever is likely to show a 14 per cent rise to pounds 2.3 bn for the year.
Pre-tax losses at British Aerospace will probably fall to pounds 184m from pounds 1.2bn last year. Its plan to sell Rover will not affect 1993 figures. Commercial Union will benefit from insurance rate increases and is expected to produce pre-tax profits around pounds 208m, despite commercial fire losses in Australia.
Durable goods orders in the US should be up by 1.5 per cent during January. In its first year of reporting after the split with Zeneca, ICI is predicted to deliver pounds 280m in profits. British Gas, labouring in the wake of the Monopolies Commission's report and the DTI's decision to open the domestic market in 1996, will see its share price continue to lag despite profits of about pounds 934m, broadly in line with last year. Profits at Shell T&T should be up 10 per cent, although the low oil price will affect profits upstream without bringing benefits in the depressed chemicals business. Meanwhile Royal Insurance's performance will be marred by pollution exposure and poor underlying results in the US.
Negotiations will begin on enlargement of the European Union. The CBI will release its monthly trends inquiry and the non-EC trade deficit is expected to rise to pounds 750m in January.
Sources: NatWest Securities, MMS International
'Both are withdrawing, calmly, politely and systematically.' - Gerard Longuet, the French industry minister, on the break-up of the Renault-Volvo deal
C4 5.15pm The Money Police: The Inland Revenue is the first subject of three programmes on the workings of the financial world.
BBC1 6am Business Breakfast: Interview with German union leader on the threatened IG Metall strike.
BBC1 6am Business Breakfast: Report on the BMW and Honda talks over the future of Rover Group.
BBC1 6am Business Breakfast: Coverage of the start of British Fashion Week.
BBC1 6am Business Breakfast: How countries are demanding aid before awarding foreign contracts.
BBC1 6am Business Breakfast: Reports from Moscow on the future of the Russian economy, as President Yeltsin delivers his keynote speech.
Harry Potter actor suffered 'severe flu-like symptoms' on a flight from London to Orlando
First full-length look is finally here
Rap music mogul accused of running two men over in his truck
World cities ranked in terms of safety, food security and 'liveability'
"Oink! Oink! Hee hee hee!" First interview with the big-screen star
Biohacking group hopes technology will lead people to think about even more dystopian uses
- 2 The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
- 3 Ball pool for adults opens in London
- 4 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
- 5 Baldness could soon be treated using stem cells, scientists hope
Woman falls to her death as she celebrates marriage proposal at the edge of Ibiza cliff
Sex abuse inquiry: 'Victims receive death threats' after MPs release names online
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Teenager brandishing fake gun taken down by police after demanding airtime on Netherlands' NOS TV station
The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
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