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Friday's agenda: JD Wetherspoon to raise glass to Indian Summer

Published: 18:30 12 Sep 2013 BST

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Results from pubs group JD Wetherspoon are usually entertaining, if only for the rants by company founder and chairman, Tim Martin.

As well as the usual complaint about the government's harsh tax treatment of pubs compared to supermarkets, the company is expected to issue a solid update.

UBS predicts like-for-like sales growth of 2% in the (new fiscal) year so far, and notes that the consensus forecast is for profit before tax of £76.2mln.

Canary Wharf property group Songbird Estates issues interim figures, with Peel Hunt looking for further details of the Westferry Circus acquisition announced in July, "considering the yield does not cover the interest charge of 6%".

Peel Hunt wonders whether refinancing options are available and what the pans are for developing the asset.

Significant announcements expected

Companies: Interims: Songbird Estates (LON:SBD). Finals: Wetherspoon (JD) (LON:JDW)

Macroeconomic: UK: Construction Output. EU: Eurozone Trade. US: Producer Prices, Retail Sales, University of Michigan Confidence, Business Inventories.

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