TaxPersonal TaxThe week in brief – 25 Feb

The week in brief - 25 Feb

25 Today

It’s a busy day in the City with British Aerospace announcing its preliminary results – they are likely to reach #675m – alongside Colt Telecom and conglomerate Hanson. Mining concern Rio Tinto is expected to unveil full-year pre-tax profits of #1.1bn, with United Assurance also announcing full-year figures.

26 Friday

Alliance and Leicester will reveal full-year pre-tax profits of #462.5m, according to analysts.

1 March Monday

Fresh from a VAT victory at the House of Lords last week, the house-building Redrow Group will announce its half-year results. Analysts are also expecting full-year results in the region of #243m from Burmah Castrol.

2 Tuesday

Another hectic day in the Square Mile will see full-year results from Norwich Union and Rentokil Initial. The analysts’ consensus is that earnings at the pest control and cleaning services group are likely to hit #497.85m. Thistle Hotels and RJB Mining will also enter the reporting fray with their full-year figures.

3 Wednesday

A further cut in interest rates could be on the cards as the March meeting of the Bank of England’s monetary policy committee concludes.

4 Thursday

Aero engines giant Rolls Royce is expected to roll out profits of #324m, with insurer Royal & Sun Alliance set to announce full-year profits of #440m, according to City watchers.

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