Picture of Ocado logo

OCDO Ocado News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsHighly SpeculativeMid CapNeutral

UK Stocks-Factors to watch on July 6 (updated)

UPDATE 1-UK Stocks-Factors to watch on July 6

Adds new items, updates futures

- Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.1%.

* OCADO: Ocado OCDO.L said Tim Steiner would continue to serve as chief executive until the start of the 2028 financial year, when it will aim to have a successor in place.

* ITV: ITV ITV.L said it had agreed to sell its media and entertainment division to Comcast's CMCSA.O Sky for £1.6 billion.

* EASYJET: EasyJet EZJ.L said it has reached an agreement in principle with U.S. investment firm Castlelake on a sweetened £6.90-per-share takeover proposal.

* BRIDGEPOINT: Bridgepoint BPTB.L is set to provide the majority of a €200 million funding round for French AI-powered HR management software company Skello, becoming the startup's lead minority shareholder, a source close to the matter said.

* NEXT: Next NXT.L is preparing to launch a takeover bid for luxury department store chain Harvey Nichols, Sky News reported.

* STANDARD CHARTERED: Standard Chartered STAN.L has partnered with BlackRock BLK.N to launch an Asia Pacific multi-asset fund designed for investors seeking broad exposure in the region, the bank said.

* AUTO: British new car registrations in June climbed about 11% from year-ago levels, with battery electric vehicle accounting for 30% of the market, according to preliminary industry data from the Society of Motor Manufacturers and Traders (SMMT).

* REGULATORY: The Bank of England could give Britain's government bond market a boost this week and lower public borrowing costs by over £1 billion a year, banks say - but some former regulators warn a change in rules to achieve this would increase financial risks.

* COMMODITIES: Oil prices inched lower, gold retreated, and aluminium prices rose.

* 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)

((Neeshita.beura@thomsonreuters.com))

Recent news on Ocado

See all news