UK Stocks-Factors to watch on Jan 24 (updated)
24/01/2025 07:41
(Adds new items, updates futures)
Jan 24 - Britain's FTSE 100 .FTSE index is seen
opening higher on Friday, with futures FFIc1 up 0.08%
* BURBERRY: British luxury brand Burberry BRBY.L reported
a smaller than expected 4% drop in quarterly comparable store
sales, helped by stronger festive demand in the United States.
* SEVERN TRENT: British water utility Severn Trent
SVT.L said its dividend policy for the 'eighth asset
management period' (AMP8) of five years to March 2030 would be
based on the annual growth of inflation including housing costs.
* BLOOMSBURY: Harry Potter publisher Bloomsbury
Publishing BLPU.L said it has reached a new long-term supply
agreement with Amazon AMZN.O .
* ANGLO AMERICAN: Top diamond producer Botswana's new
President Duma Boko said on Thursday that he hoped to clinch a
long-delayed sales pact with industry giant De Beers as early as
Friday but underlined the need to diversify the Southern African
nation's economy.
* BARCLAYS: British lender Barclays BARC.L is proposing a
revamp of pay packages earned by its CEO and finance director,
with higher bonuses on offer for outperformance in exchange for
lower fixed pay, according to a Sky News report on Thursday.
* RIO TINTO: Rio Tinto RIO.AX RIO.L warned that its
first-quarter shipments could be affected by disruptions to its
rail operations following record rainfall along Western
Australia's Pilbara coastline due to tropical cyclone Sean.
* THAMES WATER: The British government has approached
consultancies regarding taking the role of special
administrators for Thames Water, in a sign that ministers are
bracing themselves for imminent renationalisation, the Financial
Times reported on Thursday.
* OIL: Oil prices were little changed.
* GOLD: Gold prices soared to near three-month highs.
* METALS: Most base metals rose.
* 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 DhanushVignesh Babu in Bengaluru)
((DhanushVignesh.Babu@thomsonreuters.com;))