Business Round-Up And Week Ahead

Sky’s Naomi Kerbel offers a round-up of what’s coming up in the week’s business news.

:: Monday October 21

Heathrow, the UK’s busiest airport which also owns Southampton, Glasgow and Aberdeen airports reports its third quarter results on Monday. Formally known as BAA, Heathrow sold Stansted Airport to Manchester Airports Group for £1.5bn earlier this year following intervention by the Competition Commission due to concerns over competition in the sector.

:: Tuesday October 22

On Tuesday, Peter Marks, the former chief executive of the Co-Operative Group is to be questioned about the Co-op Bank’s £1.5bn capital shortfall and the collapse of the bid to buy 632 branches from Lloyds Banking Group in April this year.

Also, Everything Everywhere updates the markets with its third quarter results. The communications company owns the EE, Orange and T-Mobile brands and was the first UK network to launch mobile 4G services.

:: Wednesday October 23

Asos, the online fashion retailer gives a trading statement on Wednesday. 

Also, the City of London Corporation’s City Banquet will be hosted by Lord Mayor of the City of London Alderman Roger Gifford. Speakers will include the Financial Conduct Authority’s Martin Wheatley and the Prudential Regulation Authority’s Andrew Bailey.

:: Thursday October 24

The Governor of the Bank of England Mark Carney will give a speech on Thursday.

Also, a two-day EU Summit starts. UK Prime Minister David Cameron will attend, as well as the German Chancellor Angela Merkel and the French President Francois Hollande.

:: Friday October 25

On Friday, the Office for National Statistics releases the UK’s third quarter growth figures. Last month’s final figures for the second quarter of the year showed GDP up by 0.7%.

Business Round-Up And Week Ahead