UK Stocks-Factors to watch on June 19

Melrose Industries

19/06/2026 06:16

    June 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.2%.
     
* POLITICS: Labour mayor Andy Burnham cleared a path to ousting British Prime Minister Keir Starmer after decisively winning a parliamentary seat in northern England in what could be the most consequential local election in more than six decades. 
* GKN AEROSPACE: A California aerospace factory operated by the Melrose-owned MRON.L GKN Aerospace plans to restart some production, sources and a county health agency said.  
* CONSUMER SENTIMENT: British consumer confidence held steady in June, but younger people turned more pessimistic about the economy and their personal financial situation against a backdrop of political uncertainty, a survey showed. 
* OIL: Oil prices fell as prospects brightened for more supply after oil tankers began moving through the reopening Strait of Hormuz following a peace deal between the U.S. and Iran. 
* GOLD: Gold prices were on track for a third consecutive weekly decline, falling more than 1%, as a stronger dollar and hawkish signals from the U.S. Federal Reserve weighed on the metal. 
* METALS: Copper edged down, as expectations of higher-for-longer U.S. interest rates weighed on the market despite support from progress toward a peace deal in the Middle East. 
* FTSE: Britain's FTSE 100 fell on Thursday, pressured by miner and technology shares, while the Bank of England left interest rates unchanged, as widely expected. 
  
* For more on the factors affecting European stocks, please click on: LIVE/
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(Compiled by Nithyashree R B in Bengaluru)
((NithyashreeRB@thomsonreuters.com))