UK Stocks-Factors to watch on March 3

International Workplace

03/03/2026 05:21

March 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.3%.

* SHELL: A New York state judge rejected Shell's SHEL.L request to throw out an arbitration award that favored Venture Global VG.N in a dispute over the American company's alleged improper sale of liquefied natural gas.

* SHELL: Shell SHEL.L, Exxon Mobil XOM.N, and TotalEnergies TTEF.PA are among the companies with more exposure to disruptions in oil and gas production due to the U.S.-Israel war with Iran, analysts said in research notes.

 * RIO TINTO: Rio Tinto RIO.L said the Government of Canada has conditionally approved a non-repayable contribution of up to C$18.95 million for the miner's gallium metal research and development project.

* SHOP PRICES: British store chains raised their prices less quickly last month, offering some respite for consumers grappling with the cost of living, the British Retail Consortium said.

* OIL: Oil prices rose for a third day as the widening U.S.-Israeli conflict with Iran and threats to shipping through the Strait of Hormuz heightened fears of supply disruptions from the key Middle East producing region.

* METAL: Aluminium extended gains as fresh Middle East tensions, including Iran's effective closure of the Strait of Hormuz, fuelled shipment uncertainty and heightened supply-risk concerns.

* GOLD: Gold prices rose for a fifth consecutive session as investors sought safe-haven assets amid an escalating U.S. and Israeli air war against Iran.

* UK CORPORATE DIARY:

Greggs
GRG.L
Prelim FY results
Inchcape
INCH.L
FY results
Intertek Group
ITRK.L
FY results
Fresnillo
FRES.L
Prelim FY results
International Workplace Group
IWG.L
FY results
Kier
KIE.L
HY Results
Morgan Advanced Materials
MGAMM.L
FY results
Aberdeen
ABDN.L
FY 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 Neeshita Beura in Bengaluru)

 ((Neeshita.Beura@thomsonreuters.com))