Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.45%
*UK BUDGET: British Prime Minister Keir Starmer and finance minister Rachel Reeves have abandoned plans to raise income tax rates, changing course just weeks before the November 26 release of the government's budget, the Financial Times reported on Thursday, citing officials briefed on the decision.
*UK'S LABOUR MARKET: The downturn in Britain's labour market abated slightly last month as recruiters reported the first increase in demand for temporary staff in over a year, a survey showed on Friday.
* OIL: Oil prices rose more than 2% on Friday after a Ukrainian drone attack damaged an oil depot in the Russian Black Sea port of Novorossiysk.
* COPPER: Copper prices retreated on Friday after a four-session winning run, as a slew of weak China data raised demand concerns, while investors awaited the release of delayed U.S. data to gauge the health of the world's largest economy.
* GOLD: Gold prices edged higher on Friday and were poised for a weekly rise, supported by a weaker dollar, although gains were kept in check by hawkish comments from U.S. Federal Reserve officials dousing hopes of an interest rate cut in December.
*FTSE 100: London's FTSE 100 closed lower on Thursday after a three-day run of record highs, weighed down by financial shares as investors assessed disappointing third-quarter economic growth data.
* UK CORPORATE DIARY:
Melrose
MRON.L
Q3 trading update
Land Securities
LAND.L
HY results
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
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(Compiled by Tuhina in Bengaluru)
((tuhina@thomsonreuters.com))