THE WEEK AHEAD

TODAY

Companies

Interims: Greene King, Kenwood Appliances, Pelican Group, Carclo Engineering, Court Cavendish, Drew Scientific Group, Dunedin Enterprise Inv Trust, Firstbus, Prior, Vtech Holdings, Wynnstay Properties

Finals: Airtours, Allders, API Group, Dwyer Estates, Electronic Data Processing, Greencore Group, Hardys & Hansons, Hawtin, Invesco Recovery Trust, Johnson & Firth Brown, Richards, Whessoe

AGMs: Benson Group, Beverley Group, Gartmore European Trust, Mercury Keystone Trust, J D Wetherspoon.

EGMs: Melrose.

Economics

Kicking off a heavy week for economic statistics, the rate at which manufacturers' costs are growing is expected to have slowed again to around 7 per cent in November, although analysts do not think the month-on-month drop in October will have been repeated. Further along the inflation pipeline, prices charged by producers at the factory gate are expected to show a small rise, taking their annual rate of increase a shade below October's 4.6 per cent.

TOMORROW

Companies

Northern Electric's results are unlikely to hold any surprises on the dividend front following the aggressive defence package announced earlier this year in the wake of the bid from Trafalgar House. Profits will be down because of the effect of two reviews of the electricity distribution price control by the regulator, Offer, but earnings per share will be buffered by a reduction in the average number of shares. Pre-tax profits are expected to be about pounds 52.4m and earnings per share 39.6p. The company is the most highly geared in the sector as a consequence of the bid.

Interims: Northern Electric, Berkeley Group, British Land, Cray Electronics, Baring Emerging Europe, Creighton's Naturally, Halma, Oceana Consolidated, Precoat Intl, Schroder UK Growth, Stewart & Wight.

Finals: Stakis, Titon Holdings, Vaux Group, Dunedin Smaller Companies Inv Trust, Dunedin Worldwide Inv Trust, Eurocopy, Hunters Armley, Sheriff Holdings, Slimma.

AGMs: DFS Furniture, James Dickie, Dorling Kindersley, Intereurope Technology, Millwall, Orb Estates, Schroder Income Growth, Scottish National Trust.

EGMs: Orb Estates.

Economics

Construction: new orders (Oct). US producer price inflation is expected to have slowed below 2 per cent in November.

WEDNESDAY

Companies

Interims: Chubb Security, East Midlands Electricity, Birkby, HP Bulmer Holdings, First Technology, Hamlet Group, MFI Furniture, Ovoca Resoures, David S Smith, Worthington Group.

Finals: Apollo Metals, Baggeridge Brick, Chemring Group, Grainger Trust, New Zealand Investment Trust, Widney.

AGMs: AG Holdings, BMG Charles Sidney, Fleming Japanese Trust, Glasgow Income Trust, Kwik Save Group, Morgan Grenfell Equity, Town Centre Securities.

Economics

The key event of the economic week is the monthly monetary meeting between the Chancellor of the Exchequer and the Governor of the Bank of England. Financial markets have priced in a quarter point cut in base rates, although City economists reckon there is only a 50-50 chance of this happening. The Chancellor will give evidence on the Budget and the economy to the Treasury Select Committee.

November figures for retail sales, unemployment (for November) and average earnings (for October) are also due. City analysts expect a reasonable increase in retail sales, following last week's buoyant CBI survey of the high street. After a small rise in unemployment in October, a small fall is expected for November - and possibly the revision of the previous month's increase.

THURSDAY

Companies

Asda Group is expected to announce half-year pre tax profits up 22 per cent to pounds 135m and an increased dividend up 21 per cent to 2.69p. Sales growth should grow 13 per cent, marking the peak in the Asda sales growth cycle, while underlying costs will only go up by 1 per cent, thus driving future operating margins ahead.

Southern Water is the last water company to announce but unlikely to disappoint. The company is expected to clarify its plans for balance sheet restructuring.

Interims: London Electricity, Scottish Hydro-Electric, Southern Electric, Albrighton, Bristol Water Hldgs, CRT Group, Eastern Electricity, Ensor Holdings, Five Arrows Currency Fund, MS International, Phonelink, VideoLogic Group.

Finals: Daily Mail & General Trust, M&G Group, Securicor Group, Care UK, SEP Industrial Hldgs, CA Sperati.

Economics

Retail prices are expected to show a rise in November after the unexpected fall in October. The market view is that the target inflation measure, the RPI excluding mortgage interest payments, will stay around October's 2.9 per cent rate, above the 2.5 per cent target. The Bundesbank council meets for the last time before Christmas. A quarter to half point cut in key rates is likely, but perhaps not until the New Year.

FRIDAY

Companies

Interims: Yorkshire Electricity, Eliza Tinsley, Forminster, Moorgate Smaller Company's Inv, TR Technology.

Finals: Trafalgar House, Barcom, First Russian Frontiers.

Economics

Wrapping up the week, the CBI monthly trends survey for December is likely to confirm the weakness of the manufacturing sector. Analysts are keeping an eye on the rising balance of firms expecting to raise prices, although some of the recent upward trend is seasonal.

Sources: NatWest Securities, Deutsche Morgan Grenfell.

Start your day with The Independent, sign up for daily news emails
Life and Style
Fans line up at the AVNs, straining to capture a photo of their favourite star
life Tim Walker asks how much longer it can flesh out an existence
Life and Style
Every minute of every day, Twitter is awash with anger as we seek to let these organisations know precisely what we think of them
techWhen it comes to vitriol, no one on attracts our ire more than big businesses offering bad service
News
Professor David Nutt wants to change the way gravely ill patients are treated in Britain
people Why does a former Government tsar believe that mind-altering drugs have a place on prescription?
News
Norway’s ‘The Nordland Line – Minute by Minute, Season by Season’ continues the trend of slow TV
television
Arts and Entertainment
art
Sport
Jonny Evans has pleaded not guilty to an FA charge for spitting at Papiss Cisse
football
Life and Style
Kate Moss will make a cameo appearance in David Walliams' The Boy in the Dress
fashion
News
The image released by the Salvation Army, using 'The Dress'
news
Sport
Liverpool defender Kolo Toure
football Defender could make history in the FA Cup, but African Cup of Nations win means he's already content
ebooks
ebooksA special investigation by Andy McSmith
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

Recruitment Genius: Customer Relations Officer

£13000 per annum: Recruitment Genius: This is an exciting opportunity to join ...

Ashdown Group: Junior Application Support Analyst - Fluent German Speaker

£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...

Jemma Gent: Project Coordinator

£12 - £15 Hourly Rate: Jemma Gent: In this role you will report to the Head of...

Recruitment Genius: Evening Administrator

£8 per hour: Recruitment Genius: This Pension Specialist was established early...

Day In a Page

Homeless Veterans campaign: Donations hit record-breaking £1m target after £300,000 gift from Lloyds Bank

Homeless Veterans campaign

Donations hit record-breaking £1m target after huge gift from Lloyds Bank
Flight MH370 a year on: Lost without a trace – but the search goes on

Lost without a trace

But, a year on, the search continues for Flight MH370
Germany's spymasters left red-faced after thieves break into brand new secret service HQ and steal taps

Germany's spy HQ springs a leak

Thieves break into new €1.5bn complex... to steal taps
International Women's Day 2015: Celebrating the whirlwind wit of Simone de Beauvoir

Whirlwind wit of Simone de Beauvoir

Simone de Beauvoir's seminal feminist polemic, 'The Second Sex', has been published in short-form for International Women's Day
Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Why would I want to employ someone I’d be happy to have as my boss, asks Simon Kelner
Confessions of a planespotter: With three Britons under arrest in the UAE, the perils have never been more apparent

Confessions of a planespotter

With three Britons under arrest in the UAE, the perils have never been more apparent. Sam Masters explains the appeal
Russia's gulag museum 'makes no mention' of Stalin's atrocities

Russia's gulag museum

Ministry of Culture-run site 'makes no mention' of Stalin's atrocities
The big fresh food con: Alarming truth behind the chocolate muffin that won't decay

The big fresh food con

Joanna Blythman reveals the alarming truth behind the chocolate muffin that won't decay
Virginia Ironside was my landlady: What is it like to live with an agony aunt on call 24/7?

Virginia Ironside was my landlady

Tim Willis reveals what it's like to live with an agony aunt on call 24/7
Paris Fashion Week 2015: The wit and wisdom of Manish Arora's exercise in high camp

Paris Fashion Week 2015

The wit and wisdom of Manish Arora's exercise in high camp
8 best workout DVDs

8 best workout DVDs

If your 'New Year new you' regime hasn’t lasted beyond February, why not try working out from home?
Paul Scholes column: I don't believe Jonny Evans was spitting at Papiss Cissé. It was a reflex. But what the Newcastle striker did next was horrible

Paul Scholes column

I don't believe Evans was spitting at Cissé. It was a reflex. But what the Newcastle striker did next was horrible
Miguel Layun interview: From the Azteca to Vicarage Road with a million followers

From the Azteca to Vicarage Road with a million followers

Miguel Layun is a star in Mexico where he was criticised for leaving to join Watford. But he says he sees the bigger picture
Frank Warren column: Amir Khan ready to meet winner of Floyd Mayweather v Manny Pacquiao

Khan ready to meet winner of Mayweather v Pacquiao

The Bolton fighter is unlikely to take on Kell Brook with two superstar opponents on the horizon, says Frank Warren
War with Isis: Iraq's government fights to win back Tikrit from militants - but then what?

Baghdad fights to win back Tikrit from Isis – but then what?

Patrick Cockburn reports from Kirkuk on a conflict which sectarianism has made intractable