UK Stocks-Factors to watch on February 13 (updated)
13/02/2025 07:56
(Adds new items, updates futures)
Feb 13 (Reuters) - Britain's FTSE 100 .FTSE index is
seen opening flat on Thursday, with futures FFIc1 up 0.02%.
* BARCLAYS: Barclays BARC.L upped its 2025 performance
guidance after posting a 24% rise in annual pretax profit for
2024 that beat expectations, as its investment bank enjoyed
strong income growth and slower than expected interest rate cuts
boosted its domestic lending business.
* UNILEVER: Unilever ULVR.L said its ice cream business
will be separated by way of demerger, through listing of the
business in Amsterdam, London and New York.
* BAT: British American Tobacco BATS.L reported a 6.2
billion pound ($7.74 billion) hit from a long-running lawsuit in
Canada on Thursday, and warned of "significant" headwinds in
Bangladesh and Australia in 2025 after annual revenue missed
forecast.
* BARCLAYS: Barclays BARC.L has extended the chairmanship
of Nigel Higgins for another three years as the bank looks to
push ahead with a turnaround plan unveiled last year, the lender
said in its annual report on Thursday.
* RELX: British business information group RELX REL.L
reported a 10% rise in full-year adjusted operating profit on
Thursday driven by demand for its data analytics, and it said it
expected another year of strong growth in 2025.
* LANCASHIRE: British insurer Lancashire Holdings LRE.L
said it expects losses of between $145 million and $165 million
related to the California wildfires.
* ECONOMY: Britain's economy grew by 0.1% in the final
quarter of last year, figures from the Office for National
Statistics showed
* OIL: Oil prices fell about 1% on Thursday.
* EX-DIVS: Rank Group RNK.L and Pershing Square PSHP.L
will trade without entitlement to its latest dividend pay-out on
Thursday.
* For more on the factors affecting European stocks, please
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(Reporting by Raechel Thankam Job and DhanushVignesh Babu)
((RaechelThankam.Job@thomsonreuters.com;))