Business Information Service: This Week

MONDAY: London will provide the venue for the annual Franco-British summit.

In an important week for German economic indicators, Germany's GFK consumer confidence is expected to show little improvement as the economic uncertainty continues.

TUESDAY: The UK parliamentary summer recess begins.

Interim results from Reuters Holdings will reflect the strength of its core operations, the success of recent product launches and its impressive cash generation.

Rationalisation benefits will mean a 19 per cent rise in interim pre-tax profits to pounds 223m. Strong dividend cover could see the interim dividend raised by as much as 30 per cent to 6.9p.

In the US, July consumer confidence should fall back to 57.2 from 58.9 in June.

WEDNESDAY: Attention will focus on two aspects of BAT's interim results, US domestic tobacco profits - which have suffered from destocking and the popularity of discount brands - and the dividend.

An increase of at least 7 per cent in the payout would reassure the market. Profits before tax are forecast to rise by 13 per cent to pounds 710m, with Natwest Securities seeking year-end profits of pounds 1.9bn.

THURSDAY: The government could lose another safe seat in the Christchurch by-election.

ICI's interim results will illustrate the lack of any substantial recovery in the UK and US, and deterioration in Continental European markets.

Flat operating profits, achieved in spite of the underlying downturn in trading conditions, will reflect ICI's ability to cut costs, and the advantages that were gained through the devaluation of sterling.

Analysts' forecasts for first- time interim pre-tax profits from Zeneca range from pounds 320m to pounds 340m, on trading profits between pounds 400m and pounds 410m. They anticipate year-end pre-tax profits of pounds 600m-610m.

LWT is the first Channel 3 company to report interim figures after bringing the date forward following the conversion of the management shares. A 6 per cent increase to pounds 14.5m is expected in pre-tax profits, despite a 15 per cent downturn in advertising revenues.

Interim figures from Lex Service will be boosted by rising UK car sales, a good contribution from Arrow Electronics (before the sale of the stake in May) and nine-month results from the contract hire associates. Analysts expect pre-tax profits up 22 per cent to pounds 19.5m.

Figures on US new homes are forecast to show signs of improvement in June. The market average indicates an annual rate of 600,000, following a drop to 571,000 in May.

June US personal income is expected to remain unchanged on the month, against a rise of 0.6 per cent in May. Personal consumption expenditure in June should grow by 0.5 per cent month on month, following growth of 0.2 per cent in May.

FRIDAY: French unemployment for June should show further expansion to 11.6 per cent year on year following 11.5 per cent in May.

Results: NatWest Securities.

Median economic forecasts: MMS International.

Start your day with The Independent, sign up for daily news emails
Life and Style
Steve Shaw shows Kate how to get wet behind the ears and how to align her neck
healthSteven Shaw - the 'Buddha of Breaststroke' - applies Alexander Technique to the watery sport
footballShirt then goes on sale on Gumtree
Terry Sue-Patt as Benny in the BBC children’s soap ‘Grange Hill’
voicesGrace Dent on Grange Hill and Terry Sue-Patt
Arts and Entertainment
The sight of a bucking bronco in the shape of a pink penis was too much for Hollywood actor and gay rights supporter Martin Sheen, prompting him to boycott a scene in the TV series Grace and Frankie
ebookA unique anthology of reporting and analysis of a crucial period of history
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Guru Careers: Software Developer / C# Developer

£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...

Neil Pavier: Management Accountant

£45,000 - £55,000: Neil Pavier: Are you looking for your next opportunity for ...

Sheridan Maine: Commercial Accountant

£45,000 - £55,000: Sheridan Maine: Are you a newly qualified ACA/ACCA/ACMA qua...

Laura Norton: Project Accountant

£50,000 - £60,000: Laura Norton: Are you looking for an opportunity within a w...

Day In a Page

Abuse - and the hell that came afterwards

Abuse - and the hell that follows

James Rhodes on the extraordinary legal battle to publish his memoir
Why we need a 'tranquility map' of England, according to campaigners

It's oh so quiet!

The case for a 'tranquility map' of England
'Timeless fashion': It may be a paradox, but the industry loves it

'Timeless fashion'

It may be a paradox, but the industry loves it
If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

Could have done with Osama bin Laden staying alive?

Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
New exhibition celebrates the evolution of swimwear

Evolution of swimwear

From bathing dresses in the twenties to modern bikinis
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine