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    UK Stocks-Factors to watch on February 26

    Picture of Riverstone Energy logoRiverstone Energy
    26/02/2025 04:58
    Feb 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.44%.

        * LABOUR: Up to 160,000 part-time retail jobs in Britain are at risk of being lost over the next three years as a result of higher employer taxes and regulatory changes, the British Retail Consortium warned.

* THAMES WATER: Britain's Thames Water has asked KKR KKR.N and Castle Water to provide more detail on bids for stakes in the struggling water utility, Bloomberg News reported.

* EV: British startup Volklec said it has reached a licensing agreement with China's Far East Battery to use its technology to make batteries for energy storage and electric vehicles.

* NET ZERO: Britain must end its reliance on fossil fuels, switch to electric vehicles and heat pumps, and eat less meat to reach its 2050 net zero target, the Climate Change Committee said.

* OIL: Oil prices climbed in early Asian trading hours, bouncing off two-month lows hit in the prior session.

* GOLD: Gold prices inched higher after hitting a one-week low in the previous session.

* METALS: London copper prices climbed, tracking a weak dollar.

* The UK blue-chip index .FTSE closed up 0.11% on Tuesday with defence stocks rising after Prime Minister Keir Starmer announced an increase in UK defence spending.

* UK CORPORATE DIARY:


    Aston Martin Lagonda Global Holdings PLCAML.LFull Year Earnings Release
    Hikma Pharmaceuticals PLCHIK.LFull Year Earnings Release
    Rathbones PLCRAT.LFull Year Earnings Release
    ConvaTec Group PLCCTEC.LFull Year Earnings Release
    Morgan Sindall Group PLCMGNS.LFull Year Earnings Release
    Hammerson PLCHMSO.LFull Year Earnings Release
    Riverstone Energy LtdRSER.LFull Year Earnings Release
    

* 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 Simone Lobo in Bengaluru)

 ((Simone.Lobo@thomsonreuters.com; +919920570373;))

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