UK Stocks-Factors to watch on October 1
01/10/2025 05:58
Oct 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.05%.
* THAMES WATER: Some creditors of Thames Water will pledge to retain their ownership in the British utility until 2030 as part of a rescue plan, Sky News reported.
* ANTOFAGASTA: The union for supervisors at Antofagasta's ANTO.L Los Pelambres copper mine in Chile has rejected a contract offer, paving the way for a potential strike, the group said.
* INTEREST RATES: Bank of England Deputy Governor Sarah Breeden said that a recent climb in headline inflation was unlikely to last and there were risks to the economy if interest rates are kept high for too long.
* STANDARD CHARTERED: Singapore's High Court has dismissed a bid by foreign liquidators to sue Standard Chartered STAN.L and BSI Bank over transactions alleged to be linked to Malaysian sovereign wealth fund 1MDB, according to a judgment.
* BP MARSH: BP Marsh BPM.L has acquired a 10% shareholding in Oneglobal, the London-based international retail and wholesale insurance intermediary.
* COMMODITIES: Oil prices steadied in early trade ahead of potential OPEC+ plans for a larger output hike next month. Gold prices surged to a record high after the official start of the U.S. government shutdown and London copper futures strengthened following top-producer Chile's steepest output drop in over two years.
* FTSE: FTSE 100 closed at a record high adding 0.5% on Tuesday and logged its biggest quarterly performance since October 2022, helped by a weaker pound that increases earnings for companies that are reliant on export revenues.
* UK CORPORATE DIARY:
| Taylor Wimpey | TW.L | Investor Day |
| Greggs | GRG.L | Q3 Trading Update |