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Wednesday preview: Public sector borrowing, Easyjet in focus

By Alexander Bueso

Date: Wednesday 22 Jan 2025

Wednesday preview: Public sector borrowing, Easyjet in focus

(Sharecast News) - Financial markets' focus in the middle of the week will be on the latest public sector net borrowing numbers.
Consensus is for a rise from £11.25bn in November to £13.4bn for December.

Across the Channel, at 1100 BST the German central bank will release its monthly bulletin, followed by a speech from European Central Bank president Christine Lagarde at 1515 BST.

In the US, at 1800 BST the Treasury will hold an auction of 20-year debt.

Low-cost airline Easyjet is among the corporates due to update its shareholders on Wednesday.

Last November the carrier guided towards full-fiscal year capacity growth of 3% with easyJet holidays customers seen increasing by a quarter from 2.6m.

City analyst Michael Hewson notes that the company's first half tends to be loss-making with the first quarter usually representing the weakest stretch of the year.

Wednesday 22 January

FINALS

Residential Secure Income, LBG Media

Q1

easyJet

Q4

PensionBee Group

TRADING ANNOUNCEMENTS

Intermediate Capital Group, Quilter, Wetherspoon (J.D.)

AGMs

Tracsis, JPMorgan Japanese Inv Trust, ASOS

GMs

Kavango Resources, Herald Investment Trust

ANNUAL REPORT

Residential Secure Income

INTERIM DIVIDEND PAYMENT DATE

Montanaro European Smaller Companies Trust, Northern Venture Trust, Pharos Energy, Northern 3 VCT, Northern 2 VCT

UK ECONOMIC ANNOUNCEMENTS

Public Sector Net Borrowing (07:00)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

MBA Mortgage Applications (US) (12:00)

Crude Oil Inventories (US) (15:30)

..

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