Corporate new will be thin on the ground on Wednesday, leaving investors to take a good look at the big picture that’ll be painted by the Queen’s speech.
On Wednesday, the newly formed government will outline its flagship policies for the first year of the new parliament, including the possibility of naming the date for a referendum on Britain's membership of the European Union.
On the subject of reclaiming power from a remote and not especially representative governing body, the Scottish Nationalist Party will be keeping a close eye on the contents of the speech to see whether the government will keep its promises to devolve more powers north of the border.
Among the few business news stories interims from Brewin Dolphin (LON:BRW) will be interesting in as much as it will give insight into the levels of market activity and participation among private investors.
The other anticipated news items for Wednesday are as follows:
Interims: Brewin Dolphin Holdings (LON:BRW), Fusionex International (LON:FXI), Urban & Civic (LON:UANC)
Finals: Caledonia Investments (LON:CLDN), McKay Securities (LON:MCKS), Scapa Group (LON:SCPA), Secure Property Development & Investment (LON:SPDI), Wizz Air Holdings (LON:WIZZ)
Trading statements: Card Factory (LON:CARD), HSS Hire Group (LON:HSS)
Economic: US – Markit services PMI.