UK Stocks-Factors to watch on December 11 (updated)
11/12/2025 07:46
Updates items and adds new items, updates futures
Dec 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Thursday, with futures FFIc1 down 0.05%.
* DRAX: Drax DRX.L said on Thursday it could repurpose existing infrastructure and grid links at its Yorkshire power station to run a data centre as soon as 2027, using resources once dedicated to coal.
* ENTAIN: Entain ENT.L said Rob Wood will step down as finance chief and deputy CEO and be replaced by International Distribution Services (IDS) executive Michael Snape next year.
* BP: BP BP.L was among the top winners at the U.S. government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023.
* PRUDENTIAL: Prudential PRU.L said it has sold a 4.5% stake in ICICI Prudential Asset Management IICL.NS for 49 billion rupees ahead of the Indian fund manager's $1.2 billion IPO.
* HOUSING MARKET: Britain's housing market slowed after the budget last month, according to a survey of chartered surveyors that showed buyer enquiries falling at the fastest rate in over two years.
* OIL: Oil prices were broadly stable as investors shifted their focus back to Russia-Ukraine peace talks while watching for any fallout from a U.S. seizure of a sanctioned tanker off the coast of Venezuela.
* METALS: Copper prices pared some earlier gains but still traded higher for a second straight session, after the U.S. Federal Reserve cut interest rates.
* GOLD: Gold eased pulling back from a near one-week high, after the Federal Reserve delivered a divided interest rate cut.
* EX-DIVS: Associated British Foods ABF.L will trade without entitlement to its latest dividend pay-out on Thursday.
* 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 Simone Lobo and Neeshita Beura in Bengaluru)
((Simone.Lobo@thomsonreuters.com; +919920570373;))