UK Stocks-Factors to watch on Oct 12 (updated)

Restaurant

12/10/2023 07:51

(Adds new items and updates futures)
       Oct 12 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening higher on Thursday, with futures  FFIc1  up 0.44%.
        
  
    * EASYJET: British airline easyJet  EZJ.L  said it had
reached a proposed deal with Airbus to expand its fleet by up to
257 additional aircraft, plotting its growth beyond 2028, with
bigger and more fuel efficient planes.
        * RESTAURANT GROUP: An Apollo Global  APO.N -owned and
managed vehicle will acquire Wagamama owner The Restaurant Group
 RTN.L  for 506 million pounds ($623.34 million) in cash, the
companies said.
  
        * HAYS: British recruitment firm Hays  HAYS.L  forecast
a fall in first-half profit after reporting lower quarterly net
fees, due to lower client and candidate confidence in permanent
hiring sector.
        * OFGEM: Ofgem said it is considering a 
    one-off adjustment
     to the country's price cap on energy bills to reduce the
risk of suppliers going bust amid a record level of customer
energy debt.
  
        * CMA: Britain's antitrust regulator said it 
    suspected
     that TV production companies including the BBC, ITV
 ITV.L , Hat Trick, and Tiger Aspect could have broken
competition law in relation to the purchase of services from
freelancers.
        * MOBICO: Mobico  MCG.L  
    cut its operating profit forecast
     for the year and suspended its dividend, saying surging
costs were making a full recovery in profitability take longer
than expected.
  
        * SIG: SIG Plc  SHI.L  cut its forecast for full-year
operating profit amid weak demand and "challenging" market
conditions.
        * KPMG: Britain's accounting regulator 
    fined KPMG a record 21 million pounds
     for audits of Carillion, the builder that imploded in 2018
and prompted a root and branch review of auditing standards.
  
        * WISE: Wise  WISEa.L  raised its annual profit growth
forecast after growth in active customers boosted second-quarter
income by 51%.
       
     * For more on the factors affecting European stocks, please
click on:  LIVE/     
    TODAY'S UK PAPERS
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($1 = 0.8118 pounds)

 (Reporting by Radhika Anilkumar in Bengaluru)
 ((Radhika.Anilkumar@thomsonreuters.com;))