LONDON (ShareCast) - (Sharecast News) - Property developer British Land is among those companies set to update investors, although its share price performance may end up being dictated more by what happens at the Cabinet meeting scheduled for 1400 GMT than by the company's latest set of interims.
For the latest six-month stretch, Numis analyst Robert Duncan is forecasting that the company will post net asset value per share of 945p and earnings per share of 17.1p.

"BLND is in a similar position to LAND, with a high exposure to retail and limited rental reversion. The key difference, however, is that it has a live development pipeline of 5 schemes, capital profit from which will help sustain total returns in a deflating retail value environment," Duncan said.

Regarding the Brexit talks, according to the latest reports, the Prime Minister is expected to face a withering cross-fire of criticism and opposition to her plans, from Labour, straight across through to Jacob Rees-Mogg and at least some members of the DUP.

Indeed, according to some analysts, the risk of further Cabinet resignations overnight could not be ruled out and it remained quite likely that Corbyn and the most hard-line Brexiteers would again make common cause to defeat May's proposal if it ever got as far as Parliament, helped this time perhaps by some of the DUPs MPs as well.

On that note, said Ruth Gregory, UK economist at Capital Economics: "We are clearly not out of the woods yet. As such, sterling's rally may prove short lived.

"Full details of the proposals are not yet available. So it is not clear whether Theresa May has made any further concessions [...]

"If a Brexit deal is secured this side of Christmas, that's all to the good. But we would not be surprised if a deal were not secured until well into 2019. That underpins our view that sterling could pull back by end-2018 and that the Bank of England will not raise rates again until Q2 2019. We will continue to monitor and respond to events as they unfold."

In terms of the economic data that was due for release, all eyes would be on consumer price data referencing the month of October on either side of the Pond, in the States and in Britain.

The consensus forecast is for headline CPI inflation to have picked-up on both sides of the Atlantic, despite the month-long slide in oil prices and the impact that that may have had on headline inflation.

Wednesday November 14

INTERIMS

British Land Company, Flybe Group, Renold, Speedy Hire, SSE, Workspace Group

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (US) (13:30)

Crude Oil Inventories (US) (15:30)

GDP (Preliminary) (EU) (10:00)

GDP (Preliminary) (GER) (07:00)

Industrial Production (EU) (10:00)

MBA Mortgage Applications (US) (12:00)

GMS

Fondul Proprietatea S.A. GDR (Reg S)

FINALS

AB Dynamics, Avon Rubber, Grainger

EGMS

Fondul Proprietatea S.A. GDR (Reg S)

AGMS

Aura Energy Limited NPV (DI), Diurnal Group, Hays, Henderson EuroTrust, JPMorgan Global Convertibles Income Fund Ltd, Jupiter UK Growth Investment Trust, Smiths Group, Thinksmart Limited (DI)

TRADING ANNOUNCEMENTS

Cobham

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index (09:30)

Producer Price Index (09:30)

Retail Price Index (09:30)

FINAL DIVIDEND PAYMENT DATE

Strategic Equity Capital

Q1

Solgold

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