UK Stocks-Factors to watch on March 3 (updated)

Sabre Insurance

03/03/2025 07:53

Adds new items, updates futures

March 3 - Britain's FTSE 100 .FTSE index is seen opening up on Monday, with futures FFIc1 up 0.48%.

* SENIOR: British engineering firm Senior Plc SNR.L said that it was in advanced negotiations with a small number of interested parties for the sale of its
aerostructures business
, which the company also expects to turn profit-making this year.

* SAINSBURY'S: British supermarket chain Sainsbury's SBRY.L said that NewDay Group had gained beneficial title, or the right to benefit from a property, to its Argos Financial Services cards portfolio.

* WAYVE: British startup Wayve will establish a new
testing and development hub
 in Germany, deploying a fleet of test vehicles in the Stuttgart region, the self-driving technology firm said.

* DEFENCE: Britain said on Friday it would launch an innovation hub to work with defence firms and speed up the delivery of military technologies.

*SHELL: Shell SHEL.L is considering a potential sale of its chemicals assets in Europe and the U.S,, WSJ reported on Sunday, citing sources.

* LABOUR: Britain must strengthen its safeguards against forced labour in supply chains to avoid the country becoming a dumping ground for products banned in other markets, Business and Trade Committee said in a report.

* RIO TINTO : Rio Tinto RIO.L, RIO.AX said its iron ore export facility in Dampier port resumed operations.

* PRIVACY: UK privacy watchdog the Information Commissioner's Office launched an investigation into how TikTok, Reddit RDDT.N and Imgur safeguard children's privacy.

* DEFENCE: Britain said on Friday it would launch an innovation hub to work with defence firms and speed up the delivery of military technologies.

* COMMODITIES: Oil prices up on upbeat manufacturing data from China, gold prices rose on weaker U.S. dollar and safe-haven demand and copper gained on expectations of China's fiscal stimulus package.

* 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;))