UK Stocks-UK Factors to watch on June 26 (updated)
26/06/2025 07:54
Adds new items, updates futures June 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.13%. * SHELL: Shell SHEL.L has not bid for BP BP.L and is not actively considering such a move, it said, adding it was bound by UK regulations which mean such a statement bans it from making a bid for BP for the next six months. * AB FOODS: Associated British Foods ABF.L said it would close its bioethanol plant in northern England if the government does not provide the funding to alleviate the impact of the U.S.-UK trade by the time its consultation process for a wind down is complete. * SERCO: British outsourcing firm Serco SRP.L said that it expects its North American market to drive organic growth in the first half of 2025, fuelled by a high volume of defence contracts secured last year. * INCHCAPE: British car distributor Inchcape INCH.L reiterated its full-year financial outlook. * PZ CUSSONS: British consumer goods company PZ Cussons PZC.L said it would retain its self-tanning brand St. Tropez in the U.S., after evaluating a number of offers and alternative business models. * TOPPS TILES: Tile retailer Topps Tiles TPT.L named Alex Jensen as its new CEO. * MOONPIG: British greeting card and gifting retailer Moonpig MOONM.L said it expects an 8% to 12% rise in adjusted earnings per share in 2026 and announced the departure of its CEO Nickyl Raithatha after seven years with the company. * COMMODITIES: Oil prices inched higher, Shanghai copper prices hit a two-week high, and gold prices edged higher. * EX-DIVS: IAG ICAG.L will trade without entitlement to its latest dividend pay-out. * 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 and DhanushVignesh Babu in Bengaluru) ((NithyashreeRB@thomsonreuters.com;))