UK Stocks-Factors to watch on November 24 (updated)

Pershing Square Holdings

24/11/2025 08:09

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Nov 24 (Reuters) - Britain's FTSE 100 .FTSE index opened 0.3% higher on Monday.

* S4 CAPITAL: Martin Sorrell's advertising group S4 Capital SFOR.L cut its annual revenue forecast for the fourth time this year and warned on its full-year profit on Monday.
* M&C SAATCHI: M&C Saatchi SAA.L lowered its annual profit and revenue outlook on Monday, after the U.S. government shutdown hit a significant business for the British advertising group during the fourth quarter.

* ANGLO AMERICAN: BHP BHP.AX on Monday pulled back from a last-ditch effort to buy Anglo American AAL.L.

* DMGT: Daily Mail owner DMGT said on Saturday it had struck a 500-million-pound ($650 million) deal to buy rival newspaper The Telegraph.

* BP: BP BP.L said on Friday its Olympic Pipeline crew excavated more than 100 feet (0.03 km) of pipeline following a leak earlier this month near Everett, Washington, but have not yet identified the source of the leak.

* PERSHING SQUARE: Bill Ackman plans to take his hedge-fund firm Pershing Square PSHP.L and a new investment fund public early next year, the Wall Street Journal reported on Friday.

* ASTRAZENECA: AstraZeneca AZN.L said on Friday it will invest $2 billion to expand its manufacturing footprint in Maryland as part of its previously announced $50 billion plan.

* BUDGET: The head of a British employers group will accuse finance minister Rachel Reeves on Monday of ignoring them on issues such as energy costs and labour reforms and urge her to make "hard choices" in this week's budget.

* COMMODITIES: Oil prices took a breather, gold prices dipped for a third consecutive session, and copper prices rose on Monday.

* 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;))