UK Stocks-Factors to watch on June 10
UK Stocks-Factors to watch on June 10 June 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.04%.
* BOOTS: Boots is in talks with the Weston family and Australia's Sigma Healthcare SIG.AX over a $10 billion sale that would see the company scrap its plans for a London IPO, the Financial Times reported.
* THAMES WATER: Thames Water would be liable to pay £749 million, including advisory fees to bankers and lawyers, if a proposed deal handing senior creditors control of the utility goes ahead, the Financial Times reported.
* EMPLOYMENT: British employers are offering almost a third fewer summer jobs this year than in 2025, adding to the challenges facing young people struggling to get a foothold in the job market, Indeed data showed.
* OIL: Oil prices climbed after the U.S. military launched new strikes against Iran and as market data showed another large draw in U.S. crude stocks.
* METALS: Copper edged lower as volatility in the Middle East conflict and macroeconomic concerns offset continued price support from U.S. tariff expectations.
* GOLD: Gold fell to an 11-week low as the dollar and oil prices rose on renewed hostilities between the U.S. and Iran, fuelling concerns about inflation and interest rate hikes.
* FTSE: Britain's blue-chip FTSE 100 hit its lowest since mid-May on Tuesday, bogged down by losses in heavyweight lenders HSBC and Standard Chartered, while energy giants also lost ground amid declining oil prices as investors monitored the Middle East conflict.
* UK CORPORATE DIARY:
WH Smith | SMWH.L | Q3 trading statement |
Pennon Group | PNN.L | FY results |
Workspace Group | WKP.L | FY results |
Fuller Smith & Turner | FSTA.L | FY results |
Motorpoint Group | MOTR.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)