UK Stocks-Factors to watch on Dec. 16

Eneco Energy

16/12/2022 04:47

Dec 16 - Britain's FTSE 100  .FTSE  index is seen
opening higher on Friday, with futures  .FFIc1  up 0.56%.
    * CO-OP: British supermarket chain the Co-op  42TE.L  joined
forces with online meal ordering and delivery firm Just Eat
Takeaway  TKWY.AS  to offer home delivery for groceries across
the country, the companies said on Friday.
    * ECONOMY: British consumer confidence crept up this month
but is still close to all-time low levels as households see
their incomes eroded by high inflation, market research firm GfK
said on Friday.
    * K3 CAPITAL: Private-equity firm Sun European Partners has
reached a deal 271 million pounds ($330.2 million)to buy British
professional services firm  K3 Capital Group  K3C.L ,the
companies said on Thursday.
    * BRITISH AIRWAYS: British Airways has signed an agreement
with the trustee of its New Airways Pension Scheme (NAPS) on the
scheme's triennial valuation, the airline's owner IAG
 ICAG.L said on Thursday.
    * CAPRICORN ENERGY: Capricorn Energy's  CNE.L  shareholders
on Thursday voted in favour of giving the firm permission to
bolster its options for payouts as it prepares a merger with
Israel's NewMed  NWMDp.TA 
     * HARBOUR ENERGY: Britain's recent increase in a windfall
tax on the oil and gas sector has pushed Harbour  HBR.L , the UK
North Sea's biggest oil and gas producer, to review its capital
allocation plans and shun an ongoing licensing round in the
basin.
    * UNILEVER: Unilever  ULVR.L  said on Thursday that its
litigation with the independent board of Ben & Jerry's has "been
resolved".
    * SHELL: A joint venture of Shell  SHEL.L  and Dutch energy
company Eneco has won the right to build an offshore wind farm
with a capacity of 756 megawatts (MW) in the North Sea, the
Dutch government said on Thursday. 
    * UK's FTSE 100 recorded its worst day in over two months on
Thursday after the Bank of England (BoE) raised interest rates
by a widely expected 50 basis points and joined other major
central banks in predicting that more rate hikes were likely.
    * 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 Sinchita Mitra in Bengaluru)
 ((Sinchita.Mitra@thomsonreuters.com;))