Picture of CVS logo

CVSG — CVS News Story

0.000.00%
gb flag iconLast trade - 00:00
HealthcareAdventurousMid CapNeutral

UK Stocks-Factors to watch on October 24 (updated)

Adds new items, updates futures

Oct 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Friday, with futures FFIc1 unchanged.

* NATWEST: NatWest NWG.L reported a 30% rise in third-quarter profit and upgraded its performance target for the year, as it grew loans and assets in its wealth business while avoiding hefty charges for mis-selling car finance that hurt rivals.

* INCOME TAX: Britain's ruling Labour Party remains committed to its pre-election tax pledges, including on income tax, minister Nick Thomas-Symonds told Sky News, ahead of next month's budget.

* CVS GROUP:  CVS Group CVSG.L said it plans to move its listing from the Alternative Investment Market to the London Stock Exchange's Main Market, while also approving a new 20 million pound ($26.84 million) share buyback.

* RETAIL SALES: British retail sales unexpectedly rose 0.5% in September, a fourth consecutive monthly increase after a boost from computer and telecom sales and demand for gold from online jewellers, official figures showed.

* INFLATION: British public inflation expectations for the next 12 months rose to 4.2% in October, their highest since April, a monthly survey by YouGov for U.S. bank Citi showed.

* GSK: The U.S. Food and Drug Administration has approved  GSK's GSK.L blood cancer drug, Blenrep, in one combination regimen, the company said.

* CAR PRODUCTION: Britain's car production fell a sharp 27% in September, industry data showed, as an unprecedented cyberattack halted production for several weeks at Jaguar Land Rover, the country's largest carmaker.

* COMMODITIES: Oil prices dipped in early trade, as fresh U.S. sanctions on Russia's two biggest oil companies fuelled supply concerns, Gold prices eased ,weighed down a stronger dollar, Shanghai copper rose after the White House confirmed a meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping.

* 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 Simone Lobo in Bengaluru)

 ((Ankita.Bora@thomsonreuters.com))

Recent news on CVS

See all news