UK Stocks-Factors to watch on February 24 (updated)
24/02/2025 07:55
(Adds new items, updates futures)
Feb 24 (Reuters) - Britain's FTSE 100 .FTSE index is
seen opening lower on Monday, with futures FFIc1 down 0.06%.
* NATIONAL GRID: Britain's National Grid NG.L said it
would sell its U.S. onshore renewables business to private
equity firm Brookfield Asset Management BAM.TO and its
partners in a deal valued at $1.74 billion, including debt.
* B&M: Discount retailer B&M BMEB.L lowered its annual
core profit forecast and said CEO Alex Russo would retire at the
end of April.
* BANK OF IRELAND: Bank of Ireland BIRG.I BKIRx.L
increased its returns to shareholders following a 4% fall in
full-year pretax profit and said further consistent deposit and
loan book growth would support a progressive dividend policy up
to 2027.
* HSBC: HSBC HSBA.L 0005.HK is aiming to raise $1
billion in a perpetual additional Tier 1 dollar bond issuance, a
source with direct knowledge of the matter said on Monday.
* SHELL: ConocoPhillips COP.N said on Friday it would sell
its interests in the Ursa and Europa Fields to Shell SHEL.L
for $735 million.
* LABOUR: British employers advertised the fewest jobs for
the month of January in four years last month but salaries
continued to rise strongly, according to figures published by
job search company Adzuna.
* THAMES WATER: Britain's Thames Water said the
court-approved 3 billion pound liquidity extension plan would
come into effect on Friday and that water utility would proceed
with the initial implementation steps.
* OIL: Oil prices slipped in early trade on Monday,
extending losses from last week.
* METALS: London copper eased on Monday over concerns about
metal demand after U.S. President Donald Trump's threats to
raise tariffs.
* For more on the factors affecting European stocks, please
click on: LIVE/
TODAY'S UK PAPERS
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(Compiled by Simone Lobo in Bengaluru)
((Simone.Lobo@thomsonreuters.com; +919920570373;))