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AO. — AO World News Story

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UK Stocks-UK Factors to watch on June 18 (updated)

Adds new items, updates futures

June 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.1%.

* OCADO: British online supermarket and technology firm Ocado OCDO.L has
expanded
 its partnership with retailer Bon Preu in Catalonia to build a new customer fulfilment centre for its offerings in the region.

* AO WORLD: British electronics retailer AO World AO.L reported a 27% rise in annual profit on Wednesday, helped by robust sales from its consumer-facing business and cost-saving efficiencies.

* INFLATION: British inflation slowed as expected in May, pulled down by air fares that leapt in April and the correction of a tax data error, although food prices shot up at the fastest rate in more than a year.

* UNILEVER: Unilever ULVR.L has named its preferred candidate to lead the group's soon-to-be listed ice cream division, proposing executive Peter ter Kulve, who has previously faced criticism from the board of its Ben & Jerry's business.

* ROLLS-ROYCE: Rolls-Royce RR.L CEO Tufan Erginbilgic said on Tuesday it was "even more true" that the British jet engine maker would like to re-enter the narrow-body airplane market, preferably through a partnership.

* ROLLS-ROYCE: Startup Riyadh Air has signed a deal with Rolls-Royce RR.L for 116 Trent XWB-97 engines that will power its Airbus AIR.PA large wide-body fleet, the Saudi airline said on Tuesday.

* ECONOMY: Growth this year is now forecast to be 1.2%, the Confederation of British Industry said, lower than the 1.6% it predicted in December.

* COMMODITIES: Oil prices rose in Asian trade, London base metal prices inched up, and gold prices inched higher on Wednesday.

* For more on the factors affecting European stocks, please click on: LIVE/

TODAY'S UK PAPERS
> Financial Times                      PRESS/FT
> Other business headlines             PRESS/GB

 (Compiled by Nithyashree R B in Bengaluru)

 ((NithyashreeRB@thomsonreuters.com;))

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