News Column

Week Ahead : Market awaits figures after BSkyB and BT fight for rights

January 27, 2014

Dominic Jeff

Todayl Apple - The US tech giant will update the market on its financial first quarter. Revenue is projected to rise 5.4 per cent to more than dollars 57 billion ( GBP35bn ).Tomorrowl UK GDP - The first official estimate is expected to show economic growth slowed slightly in the fourth quarter of 2013. Even so, growth is still expected to be around 0.7 per cent quarter-on-quarter.Wednesdayl US interest rates - Ben Bernanke might just introduce a further taper to the Fed's money-printing programme at his last meeting in charge. The latest growth figures for the world's largest economy will be published the following day.l Mark Carney - The Bank of England governor will be in Edinburgh to address the Scottish Council for Development & Industry .l LSE - London Stock Exchange chief executive Xavier Rolet will give a speech at the Asia-Scotland Institute in Edinburgh.Thursdayl BSkyB - Most analysts are pencilling in a 6 per cent rise in half-year revenues to GBP3.8 billion , but a fall in operating profits as marketing and content costs weigh on results.l Diageo - Scotland's largest whisky distiller should show the benefits of a concerted marketing push in its interim results.Fridayl BT - A slight dip in third quarter underlying profits is expected at the telecoms firm, but the City will be more interested in the uptake of its sports TV offering after the firm invested heavily in football rights in an attempt to take on BSkyB.

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Source: Scotsman, The (Scotland)

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