UK Stocks-Factors to watch on August 8
08/08/2025 06:09
Aug 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.1%. * REVOLUTION BEAUTY: Revolution Beauty REVB.L has rejected a takeover offer from specialist private equity firm True, leaving the cosmetics group likely to revive a capital raising from existing shareholders, two people familiar with the matter said. * ENERGY: Britain could offer households located near new electricity pylons a discount of up to 250 pounds ($334) a year on their bills, the government said on Thursday, as it seeks to encourage acceptance of infrastructure needed to upgrade the grid. * COMMODITIES: Oil prices were little changed in early Asian hours but were headed for their steepest weekly losses since late-June, gold futures climbed to a record high, and copper prices rose and were on track for a weekly gain on Friday. * FTSE: Britain's benchmark FTSE 100 index closed lower on Thursday after the Bank of England delivered a widely expected rate cut, but a split vote among policymakers stirred investor unease over lingering inflation risks. * 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 Nithyashree R B in Bengaluru) ((NithyashreeRB@thomsonreuters.com;))