The week ahead in business and finance

Bovis Homes' turnaround is in focus this week

Monday November 13

Ladbrokes Coral’s update is considered largely academic to investors as bricks-and-mortar bookies await their fate in the Government’s review into the gambling sector. A 12-week consultation, which began last month, will decide how low the maximum stake in FOBTs will be with a £2 verdict from its current £100 limit considered disastrous for the likes of Ladbrokes and William Hill.

Full-year results: Lonmin, Carr’s, IDOX

Interim results: Zoo Digital, AdEPT Telecom, McKay Securities, Datatec

Trading update: Taylor Wimpey, Dignity, Ladbrokes Coral, Senior, SOCO International, Ferroglobe, Atlantica Yield

Tuesday November 14

Housebuilders Persimmon and Redrow spooked investors across the sector last week with slowing sales but it will be the turnaround at Bovis Homes that will take centre stage.

Comments from Greg Fitzgerald, veteran chief executive and former Galliford Try boss, are likely to be limited but an update on the changes being already made is expected, according to Clyde Lewis, a Peel Hunt analyst.

Interim results: Speedy Hire, BTG, Trifast, SRT Marine Systems, Renold, James Cropper, DCC, Intermediate Capital, Aveva, Vodafone, Picton Property Income, Land Securities, Trifast, Carclo, FirstGroup, Land Securities, McCarthy & Stone, Oxford Instruments, Electrocomponents

Trading update: Wentworth Resources, Telecom Egypt, Bovis Homes, ITV, Cobham, McBride, Aveva, BBA Aviation, Paysafe, Telit Communications, Unite, Pershing Square, UBM, Card Factory, Cineworld, Meggitt, Melrose Industries, Polypipe, Smiths, Ascential, NuCana, OPG Power Ventures

Economics: PPI m/m, CPI y/y, RPI y/y, HPI y/y

Wednesday November 15

The credit ratings sector’s credibility is in tatters after the huge data breach at US firm Equifax and the effect on UK rival Experian will be under the spotlight in its update on Wednesday.

An improvement in revenue in Experian’s UK and US consumer divisions after a strategy shift will also be in focus, according to Hargreaves Lansdown analyst Danny Cox.

Full-year results: AB Dynamics, Fenner, Zambeef Products, Avon Rubber, Game Digital, Barratt Developments, Fenner

Interim results: Great Portland Estates, Experian, TalkTalk Telecom, Helical, Premier Foods

Trading update: Blue Prism, Crest Nicholson, Clipper Logistics

Economics: Average earnings index, Claimant count change, Unemployment rate, CB leading index m/m

Thursday November 16

After dropping out of the FTSE 100, Royal Mail’s drift downwards hasn’t slowed. The company hit its lowest ever share price earlier this month as the pensions dispute rages on and declining letter volumes will be a key focus later this week.

Full-year results: Nanoco, Genus

Interim results: British Land Company, Dart, Mediclinic International, Investec, QinetiQ, Assura, Young & Co’s Brewery, Norcros, Royal Mail, 3i Group

Trading update: TBC Bank, Regional REIT, Close Brothers, Coats, Safestore Holdings, Ted Baker, Vitec Group, Premier Oil, Findel, Keller Group, Vesuvius, Creightons

Economics: Retail sales m/m

Friday November 17

Few surprises are expected in construction group Kier’s figures on Friday with the firm recently shrugging off the sector’s weakness to secure a string of contracts.

An update on its contracts is likely to reference the Shropshire Highways win, which is worth £147m over seven years, and the group remains on track to deliver “double-digit” growth in 2018 and achieve the Vision 2020 objectives, Peel Hunt analyst Andrew Nussey said.

Interim results: Record, NextEnergy Solar Fund, Eros International, Anglesey Mining

Trading update: Kier

Economic week ahead

The scale of the squeeze on British living standards will become clear this week as the latest price and wage figures are published.

Inflation is expected to hit 3.1pc for October, the highest level since March 2012, in tomorrow’s publication from the ONS.

This will force Mark Carney to write to the Chancellor explaining why inflation is more than one percentage point above 2pc, though he will only send it in December.

On Wednesday official jobs figures will reveal whether or not unemployment has fallen to a new 42-year low of 4.2pc.

More jobs are thought to have been created in the three months to September, but unemployment is already so low that it is becoming hard for firms to fill their vacancies.

Pay figures published at the same time are expected to show wage growth fell to 2.1pc – from 2.2pc previously – even as inflation keeps rising. As a result households are facing more financial pressure.

This is hitting retail sales – Thursday’s data is set to show the first year on year drop in sales since 2013.