UK Stocks-UK Factors to watch on June 6 (updated)
06/06/2025 07:56
Updates with company news and futures prices June 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.05%. * ROSEBANK INDUSTRIES: British investment firm Rosebank Industries ROSE.L said on Friday that it will raise about 1.14 billion pounds ($1.55 billion) to finance the acquisition of U.S.-based Electrical Components International. * CANAL+: French pay-TV broadcaster Canal+ CAN.L said on Friday it has reached an agreement with authorities in France relating to a dispute on tax on television services. * HOUSES: British house prices fell by more than expected in May, leaving values broadly flat for the year so far, figures from mortgage lender Halifax showed. * HSBC: HSBC Holdings' HSBA.L high-profile Chairman Mark Tucker will return to the insurance sector as chair of Hong Kong-based AIA Group 1299.HK. * THAMES WATER: Britain banned Thames Water and five other water companies from paying bonuses to their bosses because they had failed to tackle pollution. * ECONOMY: More upbeat business surveys and strong first-quarter GDP show the British economy is recovering from a weak end to 2024, finance minister Rachel Reeves said on Thursday. * AMAZON: Amazon AMZN.O has committed to do more to tackle fake reviews, including sanctioning British businesses that boost their ratings through bogus posts, the country's competition watchdog said. * OIL: Oil prices slipped on Friday but were on track for their first weekly gain in three weeks. * GOLD: Gold rose and was set for weekly gains. * METALS: London copper prices were on track to end the week higher. * 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 Nithyashree R B in Bengaluru) ((NithyashreeRB@thomsonreuters.com;))