UK Stocks-Factors to watch on March 16 (updated)
16/03/2026 08:00
Adds new items, updates futures March 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.22%. * THAMES WATER: Lenders to Thames Water have offered to inject 3.35 billion pounds ($4.44 billion) of new equity and up to 6.55 billion pounds in new debt, the firm said on Monday, in a bid to secure a rescue deal for Britain's largest water supplier. * STANDARD LIFE: Standard Life SDLF.L reported a better-than-expected rise in annual profit on Monday, buoyed by growth in its capital-light pensions and savings business and demand for retirement products. * LIONTRUST ASSET MANAGEMENT: Liontrust LIO.L agreed on Monday to buy the asset management arm of River Global for up to 9.7 million pounds in shares. * BP: BP BP.L issued a revised contract offer to union workers at its Whiting oil refinery after members of the United Steelworkers overwhelmingly rejected what the company had described as its "last, best and final" proposal. * BP: BP BP.L has received approval from the Trump administration to advance its Kaskida project in the Gulf of Mexico, a company spokesperson told Reuters in an emailed statement late on Friday. * SHELL: Shell Nigeria Exploration and Production Company said it resumed production at its Bonga deepwater oil vessel. *BRITISH STEEL: Britain has spent 377 million pounds funding British Steel for nine months, the country's spending watchdog said. * HOUSING MARKET: Asking prices for British homes held steady in the four weeks to March 7 despite uncertainty around the conflict in the Middle East, as per Rightmove. * COMMODITIES: Oil prices could extend gains, while gold prices were steady, and copper prices fell. * 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))