UK Stocks-Factors to watch on August 10 (updated)

Serica Energy

10/08/2026 07:56

Adds news items, updates futures
Aug 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.4%.
* SERICA: Serica Energy SQZ.L will not be raising its £145.7 million ($196.59 million) proposal for peer oil and gas producer Pharos Energy PHARP.L.
* CALEDONIA MINING: Caledonia Mining CALq.L reported a 16% increase in second-quarter profit, as higher gold prices helped offset the impact of lower grades and output.
* EMPLOYMENT: Britain's labour market showed tentative signs of stabilisation in July, when Andy Burnham became prime minister, as recruiters stopped shedding permanent staff, according to a survey.
* AUTO: The British government announced nearly £130 million in funding for zero-emission vehicle technologies, with almost £65 million in public money and the rest provided by the industry.
* OIL: Oil prices rose as uncertainty persisted over the reopening of the Strait of Hormuz, with Iran saying the United States must meet several conditions even as Tehran and Oman moved into the final stages of agreeing on new shipping lanes.
* GOLD: Gold slipped as investors took profits after prices hit a seven-week high in the previous session, while markets looked to U.S. inflation data for fresh clues on the Federal Reserve's interest rate path.
* METALS: Copper consolidated above $14,000 after posting its strongest weekly gain since May, as concerns that the Democratic Republic of Congo's copper concentrate export ban could hit supply eased and some physical indicators in top consumer China softened.
* 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 Neeshita Beura and Megha Kumari in Bengaluru)
 ((Neeshita.Beura@thomsonreuters.com))