Thomas Cook's recovery push will reach another milestone on Wednesday when it reports an increase in earnings for the year to September 30.

The FTSE 250 firm is due to post a figure of £323 million for the period, a rise of 23 per cent on a year earlier despite a backdrop of difficult European markets

The German operation is experiencing weaker margins due to reduced demand.

Severn Trent's upcoming five-year settlement over bills will concentrate City minds when the firm presents half-year results on Tuesday.

Brokers expect the company, which supplies 4.3 million households and businesses across the Midlands and Wales, will be handed an agreement by Ofwat next month that will cut bills but still allow healthy dividends.

Analysts believe Severn Trent should achieve average investor returns of around 6.6 per cent between 2015-2020, compared to a peer group performance of 6%.

The impact of warmer weather on Kingfisher's B&Q business will be offset on Tuesday by poor trading in France and a strong pound.

Analysts believe the Screwfix owner will unveil a 3.9 per cent fall in trading profit to £245 million as the group is impacted by the trading at French unit Castorama and Polish outlets.

Appliances retailer AO World will be pressed for an early update on its new operation in Germany when it posts half-year results on Tuesday. The Bolton-based online business recently launched its German operation six months ahead of schedule.