THE WEEK AHEAD

TODAY

Companies

Bryant Group, the housebuilder, has been caught out by the slowdown in housing sales in 1995 which has been compounded by its aggressive expansion over the last two years. Interim figures for the six months to November are expected to show a fall in pre-tax profits from pounds 21.4m to pounds 7.4m.

Interims: Second Alliance Tst.

Finals: Olim Convertible Trust.

AGMs: Invesco Recovery Trust

EGMs: Advanced Media Group, British-Borneo, Grosvenor Inn

Economics

The favourable trend in producer prices is likely to have continued last month, helped by a stronger pound and a dip in oil prices from their high December level. Analysts expect input prices to rise only 0.1 per cent. Prices charged at the fatory gate should rise about 0.5 per cent due partly to further effects of excise duty increases announced in the Budget. This would take the annual rate of increase down from 4.3 to 3.8 per cent, the best for nearly a year. Also out, an Institute of Directors report on EU social policies.

TOMORROW

Companies

British Petroleum is expected to announce, on a current-cost basis, a fourth-quarter net loss of pounds 175m, which will include a pounds 680m exceptional item for restructuring the refining division and reflect weaker chemicals prices which more than offset a higher oil price. The full year figure is forecast at pounds 1.1bn. The other main result of the day is from Reuters. One of the companies tipped to make a bid approach for Pearson, Reuters is expected to announce good final figures, with profits up from pounds 510m to about pounds 596m, which ought to confirm the company as one of the brightest investments in the electronic media market. Supermarket group Argyll brings up the tail of the Christmas trading statments.

Interims: none expected

Finals: St Modwen Properties, TR Pacific, Updown Inv Co, Warrants & Value IT

AGMs: Baggeridge Brick, Hardy's & Hansons, RCO, Titon Holdings, Windsor

EGMs: Gieves Group, Meggitt,

Economics

The Bundesbank president Hans Tietmeyer and EU commissioner Yves-Thibault de Silguy are due to make speeches on the single currency. Other statistics: UK new construction orders for December and January sales figures from the British Retail Consortium.

WEDNESDAY

Companies

Hanson, the soon-to-be demerged conglomerate, ought to have every incentive to produce strong first-quarter figures, according to NatWest Securities. However, the broker adds, apart from Eastern Electricity, most of the larger divisions will see no growth and it rates the shares as a sell. Lloyds Abbey Life, the financial services company 62.6 per cent owned by Lloyds Bank, is expected to produce full-year profits of pounds 390m. There could be merger benefits from its parent's takeover of TSB.

Finals: Eaglet Invs, Flying Flowers, Scottish American Inv Co, Vardon.

AGMs: Daily Mail & General Trust, Fenchurch, United Drug

EGMs: Innovative Techn.

Economics

The Bank of England publishes its Inflation Report and Quarterly Bulletin. The report will indicate the Governor's stance at the monetary meeting with Chancellor Kenneth Clarke earlier this month, after speculation that they clashed over January's interest rate cut. It is, however, likely to say that the Government will probably meet its inflation target in 18-months' to two-years' time.

Figures on average earnings in December, published two hours earlier, are likely to show a rise in their underlying rate of growth to 3.5 from 3.25 per cent. Settlements have now been drifting upwards for several months. The financial markets expect a small January drop in unemployment of around 5,000. The pace of decline is clearly slowing.

THURSDAY

Companies

After a solid set of first-half figures, the last six months of 1995 at Mersey Docks & Harbour were dominated by the industrial dispute at Liverpool and fears over any long-lasting implications for future trade. Full-year profits are expected to slip from pounds 33.6m to pounds 30.5m.

Interims: Armitage Brothers, Pantheon Intl Participations

Finals: CLM Insurance Fund, General Consol Inv Tst, Greenfriar Inv Co, Shell Transport and Trading, Ward Holdings

AGMs: Aberforth Smaller Comps, Chemex Intl, Electra Inv Tst, IAWS, Scottish Radio

EGMs: Cambridge Water Co, Farnell Electronics, Vibroplant

Economics

Markets predict a fall in last month's retail prices index. The year- on-year rate of inflation should decline to about 2.9 per cent from December's 3.2 per cent. This is partly thanks to the comparison between modest excise duty increases this year and the big increases last year. In addition, mortgage rate cuts will help reduce the headline rate.

The Bundesbank is not widely expected to reduce its floor discount rate after today's council meeting. But many expect a move within the next few weeks following recent grim unemployment figures, despite faster growth of the Bundesbank's broad money target M3. Other stats include US December factory orders.

FRIDAY

Companies

Full-year profits from Lloyds TSB are expected to show that mortgage margin fears have been overplayed. NatWest Securities believes that with significant scope for cost savings over 1996/7, the merged group's dividend paying-capacity is excellent. Pro forma profits are expected to rise from pounds 1.81bn to pounds 2.0bn.

Interims: Birse

Economics

The public sector borrowing figures for January should show a big repaymentof debt of around pounds 4.5bn. January is an important month for corporation tax receipts. There will also be proceeds from the sale of rail rolling stock companies.

Also, US industrial production and capacity utilisation for January.

PROMOTED VIDEO
Sport
Mario Balotelli pictured in the win over QPR
footballInternet reacts to miss shocker for Liverpool striker
Voices
Sol Campbell near his home in Chelsea
voices
News
Kimi the fox cub
newsBurberry under fire from animal rights group - and their star, Kimi
Arts and Entertainment
Ella Henderson's first studio album has gone straight to the top of the charts
music
News
<p>Jonathan Ross</p>
<p>Jonathan Ross (or Wossy, as he’s affectionately known) has been on television and radio for an extraordinarily long time, working on a seat in the pantheon of British presenters. Hosting Friday Night with Jonathan Ross for nine years, Ross has been in everything from the video game Fable to Phineas and Ferb. So it’s probably not so surprising that Ross studied at Southampton College of Art (since rebranded Southampton Solent), a university known nowadays for its media production courses.</p>
<p>However, after leaving Solent, Ross studied History at the School of Slavonic and East European Studies, now part of the UCL, a move that was somewhat out of keeping with the rest of his career. Ross was made a fellow of the school in 2006 in recognition of his services to broadcasting.</p>
TV

Rumours that the star wants to move on to pastures new

Life and Style
fashion
News
Paul Nuttall, left, is seen as one of Ukip's key weapons in selling the party to the North of England
i100
Arts and Entertainment
Russell Brand labelled 'left-wing commie scum' by Fox News
TV
Arts and Entertainment
BBC's Antiques Roadshow uncovers a TIE fighter pilot helmet from the 1977 Star Wars film, valuing it at £50,000
TV

TV presenter Fiona Bruce seemed a bit startled by the find during the filming of Antiques Roadshow

News
people

Comedian says he 'never laughed as hard as I have writing with Rik'

News
ebooksAn unforgettable anthology of contemporary reportage
Sport
Steven Caulker of QPR scores an own goal during the Barclays Premier League match between Queens Park Rangers and Liverpool
football
Arts and Entertainment
artKaren Wright tours the fair and wishes she had £11m to spare
News
i100
Life and Style
Kirsty Wark and Camila Batmanghelidjh been invited to take part in Women Fashion Power, a new exhibition that celebrates the way women's fashion has changed in relation to their growing power and equality over the past 150 years
fashionKirsty and Camila swap secrets about how to dress for success
Arts and Entertainment
Joy Division photographed around Waterloo Road, Stockport, near Strawberry Studios. The band are Bernard Sumner (guitar and keyboards), Stephen Morris (drums and percussion), Ian Curtis (vocals and occasional guitar), Peter Hook (bass guitar and backing vocals).
booksNew book on Ian Curtis sheds fresh light on the life of the late singer
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

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

iJobs Job Widget
iJobs Money & Business

Operational Risk Manager - Asset Management

£60,000 - £80,000: Saxton Leigh: Our client is an leading Asset Manager based...

Project Coordinator - 12 month contract

£27000 - £32000 Per Annum: Clearwater People Solutions Ltd: Our large charity ...

IT Operations Manager - London - £55,000

£50000 - £55000 per annum + bonus + benefits: Ashdown Group: IT Relationship M...

Banking Solicitor NQ+

Highly Attractive Salary : Austen Lloyd: NOTTINGHAM - BRILLIANT FIRM - You wil...

Day In a Page

Oscar Pistorius sentencing: The athlete's wealth and notoriety have provoked a long overdue debate on South African prisons

'They poured water on, then electrified me...'

If Oscar Pistorius is sent to jail, his experience will not be that of other inmates
James Wharton: The former Guard now fighting discrimination against gay soldiers

The former Guard now fighting discrimination against gay soldiers

Life after the Army has brought new battles for the LGBT activist James Wharton
Ebola in the US: Panic over the virus threatens to infect President Obama's midterms

Panic over Ebola threatens to infect the midterms

Just one person has died, yet November's elections may be affected by what Republicans call 'Obama's Katrina', says Rupert Cornwell
Premier League coaches join the RSC to swap the tricks of their trades

Darling, you were fabulous! But offside...

Premier League coaches are joining the RSC to learn acting skills, and in turn they will teach its actors to play football. Nick Clark finds out why
How to dress with authority: Kirsty Wark and Camila Batmanghelidjh discuss the changing role of fashion in women's workwear

How to dress with authority

Kirsty Wark and Camila Batmanghelidjh discuss the changing role of fashion in women's workwear
New book on Joy Division's Ian Curtis sheds new light on the life of the late singer

New book on Ian Curtis sheds fresh light on the life of the late singer

'Joy Division were making art... Ian was for real' says author Jon Savage
Sean Harris: A rare interview with British acting's secret weapon

Sean Harris: A rare interview with British acting's secret weapon

The Bafta-winner talks Hollywood, being branded a psycho, and how Barbra Streisand is his true inspiration
Tim Minchin, interview: The musician, comedian and world's favourite ginger is on scorching form

Tim Minchin interview

For a no-holds-barred comedian who is scathing about woolly thinking and oppressive religiosity, he is surprisingly gentle in person
Boris Johnson's boozing won't win the puritan vote

Boris's boozing won't win the puritan vote

Many of us Brits still disapprove of conspicuous consumption – it's the way we were raised, says DJ Taylor
Ash frontman Tim Wheeler reveals how he came to terms with his father's dementia

Tim Wheeler: Alzheimer's, memories and my dad

Wheeler's dad suffered from Alzheimer's for three years. When he died, there was only one way the Ash frontman knew how to respond: with a heartfelt solo album
Hugh Bonneville & Peter James: 'Peter loves his classic cars; I've always pootled along fine with a Mini Metro. I think I lack his panache'

How We Met: Hugh Bonneville & Peter James

'Peter loves his classic cars; I've always pootled along fine with a Mini Metro. I think I lack his panache'
Bill Granger recipes: Our chef's heavenly crab dishes don't need hours of preparation

Bill Granger's heavenly crab recipes

Scared off by the strain of shelling a crab? Let a fishmonger do the hard work so you can focus on getting the flavours right
Radamel Falcao: How faith and love drive the Colombian to glory

Radamel Falcao: How faith and love drive the Colombian to glory

After a remarkable conversion from reckless defender to prolific striker, Monaco's ace says he wants to make his loan deal at Old Trafford permanent
Terry Venables: Premier League managers must not be allowed to dictate who plays and who does not play for England

Terry Venables column

Premier League managers must not be allowed to dictate who plays and who does not play for England
The Inside Word: Brendan Rodgers looks to the future while Roy Hodgson is ghost of seasons past

Michael Calvin's Inside Word

Brendan Rodgers looks to the future while Roy Hodgson is ghost of seasons past