UK Stocks-Factors to watch on March 9

M&C Saatchi

09/03/2026 05:11

March 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down on Monday, with futuresFFIc1 down 1.36%.

* M&C SAATCHI: The CEO of British advertising group M&C Saatchi SAA.L Zaid Al-Qassab is to step down in the coming weeks after less than two years in the job, Sky News reported on Saturday.

* BP: BP BP.L plans to carry out scheduled maintenance at the Central Azeri platform for 11 days in August 2026, the company's regional president for Azerbaijan, Georgia and Turkey Giovanni Cristofoli said.

* BANK OF ENGLAND: The Bank of England is questioning lenders including Barclays  BARC.L about their exposure to collapsed UK-based mortgage lender Market Financial Solutions (MFS), the Financial Times reported on Friday, citing people familiar with the matter.

* EMPLOYMENT:Starting salaries for permanent staff in Britain declined last month at the slowest pace since October, according to a survey on Monday that also showed the downturn in the number of new permanent staff recruiters hired eased.

* GOLD: Gold fell about 2% on Monday, as a stronger U.S. dollar weighed on the greenback-priced bullion, while higher energy costs fuelled inflation concerns and further dimmed the prospects for near‑term reductions in interest rates.

* OIL: Oil prices surged about 20% on Monday, hitting their highest since July 2022, as the expanding U.S.-Israeli war with Iran led some major Middle Eastern oil producers to cut supplies and on fears of prolonged disruption to shipping through the Strait of Hormuz chokepoint.

* METALS: Aluminium prices rose for a second straight session on Monday, as the escalating conflict in the Middle East heightened concerns about tighter global supplies, offsetting pressure from a stronger dollar.

* FTSE: The UK's main indexes on Friday logged their sharpest weekly decline in almost a year, as the escalating war in the Middle East fuelled concerns about a resurgence in inflation, while a weak U.S. jobs report added to investor worries.

* UK CORPORATE DIARY:

Clarkson
CKN.L
Full Year Results

* For more on the factors affecting European stocks, please click on: LIVE/

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 (Compiled by Tuhina in Bengaluru)

 ((tuhina@thomsonreuters.com))