UK Stocks-Factors to watch on Sept 11

Restaurant

11/09/2023 06:06

Sept 11 - Britain's FTSE 100  .FTSE  index is seen
opening higher on Monday, with futures  FFIc1  up 0.13%.
    * BARCLAYS: Barclays is drawing up plans to cut hundreds of
jobs, two sources familiar with the matter told Reuters, as the
bank trims its costs while embarking on a wider strategy review.
    * INFLATION: The British public's expectations for inflation
over the medium- to long-term, which are closely watched by the
Bank of England, rose in August, a survey showed.
    * RESTAURANT GROUP: Restaurant Group  RTN.L , owner of
Wagamama restaurants and Frankie & Benny's, said on Saturday it
is in "advanced discussions" with Big Table Group regarding
potential divestment of its leisure business.
    * MOTOR FUEL GROUP: UK's Motor Fuel Group (MFG) is in talks
with supermarket chain Morrisons for 340 fuel retail forecourts
in deal worth about 2 billion pounds ($2.49 billion), the petrol
stations giant said.
    * FCA: Britain's financial watchdog told banks on Friday it
would "ramp up" checks on whether they were properly assessing
and managing risks from large customers.
    * COPPER: London copper rose after weekly loss, as signs of
economic stabilisation in China sparked demand hopes.
    * OIL: Oil prices eased in early Asian trade as economic
concerns in China weighed on fuel demand outlook.  
    * GOLD: Gold prices rose, supported by a retreat in the
dollar.
    * London stocks had their best day in a week on Friday after
a survey signalled slower hiring activity in August.
    
    * UK CORPORATE DIARY:   
        
 Heathrow                  August traffic data
 Vistry         VTYV.L     HY 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 

 (Reporting by Hani Kollathodi in Bengaluru)
 ((Hani.Kollathodi@thomsonreuters.com;))