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UK Stocks-Factors to watch on June 15

UK Stocks-Factors to watch on June 15

- Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.7%.

* BP: BP BP.L has started a process to sell stakes in two of its Gulf of Mexico projects, four people with knowledge of the matter said.

* HSBC: HSBC HSBA.L said it is working to restore normal service after some Hong Kong customers reported having trouble using its mobile banking app.

* BOOTS: Australia's Sigma Healthcare SIG.AX said it had withdrawn from preliminary discussions to acquire pharmacy chain Boots.

* BBC: BBC is set to cut hundreds of jobs across its core news division next week in the first part of its downsizing, the Financial Times reported.

* VISTRY: Homebuilder Vistry VTYV.L has offered voluntary redundancies to employees, the Financial Times reported.

* SAINSBURY'S: Sainsbury's SBRY.L is kicking off a search for a new chairman, Sky News reported.

* BANKS: Britain's banks recorded the sharpest increase in losses to certain types of fraud since the COVID-era boom in technology-enabled scams, renewing calls for some government action.

* BAE SYSTEMS: Britain and Japan announced a tech partnership and pledged to speed up the progress of their next generation fighter jet, GCAP, developed by a JV of BAE Systems BAES.L, Leonardo and ​Japan Aircraft Industrial Enhancement.

* JOBS: Britain is losing manufacturing jobs abroad and risks the loss of major industries due to high energy costs, a manufacturing group and trade union body warned.

* COMMODITIES: Oil prices on Monday slipped to their lowest since March, copper rose to an over one-week high, and gold rose over 2%.

* FTSE: UK shares gained in a broad-based rally on Friday amid growing hoping of a peace agreement between Iran and the U.S., which sent crude oil prices lower.

* 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 Neeshita Beura in Bengaluru)

((Neeshita.Beura@thomsonreuters.com))

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