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UK Stocks-Factors to watch on December 5 (updated)

Updates futures, adds new items

Dec 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Friday, with futures FFIc1 up 0.04%.

        * BRITISH AMERICAN TOBACCO: British American Tobacco BATS.L has sold 9% stake in ITC Hotels ITCT.NS for 38.2 billion rupees ($424.70 million).

* OCADO: Ocado OCDO.L said it received a one-off cash payment of $350 million from Kroger as the U.S. grocer decided to close three robotic warehouses and cancel a planned facility.

* HOUSE PRICES: Britain's housing market slowed in November in both annual and monthly terms in the run-up to the government's budget, Halifax data showed.

* SHELL: Shell-led SHEL.L LNG Canada's second processing unit, known as Train 2, remains down nearly a month after its initial start-up, two sources told Reuters.

* BIG YELLOW GROUP: British self-storage company Big Yellow Group BYG.L said there was no basis of continuing discussions with Blackstone BX.N on a potential deal.

* FAST-TRACK LICENSING: Britain will launch a fast-track licensing regime for financial services startups allowing them to start running while they seek full authorisation, the finance ministry said.

* COMMODITIES: WTI oil prices were heading for weekly gains of close to 2% in early trading on Friday, gold held flat as higher U.S. Treasury yields blunted the lift from a weaker dollar, and copper touched a record high.

* 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 Ankita Bora and Neeshita Beura in Bengaluru)

 ((Ankita.Bora@thomsonreuters.com))

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