The Courier & Advertiser (Perth and Perthshire Edition)

Week ahead

-

BARCLAYS will tomorrow confirm its overall bonus pool for last year and likely face questions over plans for more job cuts in its investment bank and potential branch closures.

Its overall bonus pot will also be watched closely, given conduct issues and a rights issue in the autumn.

Banking analyst Mike Trippitt at Numis Securities is pencilling in a 7% fall to £1.95 billion revenues in the fourth quarter against £2.11bn in the previous three months.

LLOYDS has left little to be revealed in its annual results due out on Thursday, having already released a shock update revealing an extra £1.8bn in PPI provisions and guided towards a small profit for the year.

THOMAS COOK will be hoping to build on what CEO Harriet Green called the “great success” of the first year of its turnaround plan when it publishes a first-quarter trading update tomorrow.

Numis analyst Wyn Ellis expects the group to narrow underlying losses from the £70 million reported for the same period a year before.

ROLLS-ROYCE reports full-year figures on Thursday after lifting expectatio­ns with a previous update when it indicated it would see good underlying profits growth for 2013 and a modest rise in sales.

The City consensus for pre-tax profits sees an increase from £1.36bn to £1.75bn, or 28%.

Newspapers in English

Newspapers from United Kingdom