UK Stocks-Factors to watch on November 21 (updated)

Asos

21/11/2025 07:58

Adds new items, updates futures

Nov 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 1.08%.

* OFGEM: Millions of British households will see energy bills edge higher next year after regulator Ofgem said it would increase its domestic price cap by 0.2% from January due to higher policy costs.

* TULLOW OIL: Tullow Oil TLW.L said it was in talks to refinance its capital, and forecast 2025 production at the lower end of its 40,000 to 45,000 barrels of oil equivalent per day (boepd) range.

* ASOS: ASOS ASOS.L reported annual adjusted core profit below analysts' expectations, as weak consumer demand weighs on the British fast-fashion retailer amid its efforts to check costs and revive the brand's appeal.

* BABCOCK: BabcockBAB.L said it was on track for growth this year after first-half profit jumped 19%, helped by governments spending more on its shipbuilding and nuclear servicing capabilities.

* RETAIL SALES: British retail sales tumbled in October and a closely watched gauge of household sentiment fell this month, adding to signs of waning consumer spending ahead of finance minister Rachel Reeves' budget.

* BORROWING: Britain's borrowing in the first seven months of the financial year was the highest on record except during the COVID pandemic, according to data published.

* BP: BP.L said its Olympic Pipeline remained shut following a leak earlier this month.

* CONSUMER CONFIDENCE: British consumer confidence edged down in November but remained in its narrow range of the past six months, a survey showed on Friday.

* COMMODITIES: Oil, gold and copper prices were trading lower on the day.

* 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

 (Reporting by Nithyashree R B and Simone Lobo in Bengaluru)

 ((NithyashreeRB@thomsonreuters.com;))