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UK Stocks-Factors to watch on March 18

March 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.1%.

* UNILEVER: Unilever ULVR.L is in the early stages of weighing a separation of its food assets as the consumer goods maker plans to streamline its business, according to Bloomberg News.

* RELX: An institutional seller will offload 24 million shares in British information and analytics company RELX REL.L through a public bookbuild process, the bookrunner for the offering said.

* PRUDENTIAL: Prudential PRU.L posted a 12% rise in annual new business profit, helped by resilient momentum in its Asia and Africa market.

* BP: BP BP.L will block around 800 workers from its 440,000 barrel-per-day Whiting, Indiana, refinery starting March 19, the British oil major said, as months of contract negotiations yielded little results.

* PAY SETTLEMENTS: Pay settlements in Britain remained unchanged in the three months to the end of February but employers are showing signs of increased caution about increases for staff as costs rise, data provider Brightmine said.

* COMMODITIES: Oil prices fell more than $2 per barrel, gold edged lower and aluminium eased.

* FTSE: London's FTSE 100 closed higher on Tuesday on the back of gains in energy and heavyweight financials.

* UK CORPORATE DIARY:

MoonpigMOONM.LTrading update
SoftcatSCTS.LHY results
Genel EnergyGENL.LFY results
* 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 Roshni Srivastava in Bengaluru) ((roshni.srivastava@thomsonreuters.com))

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