UK Stocks-Factors to watch on November 11 (updated)
UPDATE 1-UK Stocks-Factors to watch on November 11 Adds news
Nov 11 (Reuters) - Britain's FTSE 100 .FTSE index is up 0.59% by 0854 GMT on Wednesday.
* ITV: ITV ITV.L, the British broadcaster that has agreed to sell its channels and streaming business to Sky, said it expected advertising revenue to decline by as much as 10% in the important final quarter.
* TAYLOR WIMPEY: British homebuilder Taylor Wimpey TW.L lowered its annual home completions forecast for a second time and said profit would likely come in at the lower end of expectations.
* UK INFLATION: The Bank of England will not succeed in returning inflation to target before 2030, driven by second-round effects on wages caused by the Iran war, according to a think-tank.
* NSCALE: British cloud services provider Nscale is considering delaying a $35 billion stock market listing, The Telegraph reported.
* TOUCHSTONE EXPLORATION: British investor who orchestrated a bogus £154 million bid for oil and gas producer Touchstone Exploration TXP.TO, TXP.L was handed a two-year suspended jail sentence by a London court.
* UK BUDGET: Britain's government is investigating how details of a bank tax rise were reported in the media before finance minister John Healey announced them in his budget last month.
* COMMODITES: Oil prices rose, gold prices edged higher and Shanghai aluminium prices fell on Wednesday.
* 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 Tuhina and Nithyashree R B in Bengaluru)