UK Stocks-Factors to watch on October 8 (updated)

Shell

08/10/2026 07:58

Adds news, updates futures
Oct 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.05%.

* VODAFONE: Vodafone upped the cost savings target for VodafoneThree to £1 billion by its 2032 financial year from £700 million by 2030.
* TESCO: Tesco TSCO.L lifted the bottom end of its full-year profit outlook after reporting a 6.5% increase for its first half.
* IMPERIAL BRANDS: Imperial Brands IMB.L said it was on track to meet its full-year outlook and launched a new £1.5 billion share buyback.
* ANGLO AMERICAN: Anglo American's AAL.L proposed $54 billion merger with Teck Resources TECKb.TO and the sale of its Brazilian nickel business have become test cases for navigating geopolitical complexities as they await antitrust approval, CEO said.
* ABERDEEN: Aberdeen ABDN.L said it would sell 52 million shares in Standard Life SDLF.L, halving its stake to about 5.2%.
* SAVANNAH RESOURCES: Savannah Resources SAVS.L is close to signing a key second offtake deal for future output from its project in northern Portugal, with an agreement expected this quarter, its CEO said.
* SHELL: Shell SHEL.L and Chevron CVX.N said they were curtailing offshore operations in the Gulf of Mexico as Tropical Storm Isaias approached.
* BBC: BBC, Channel 4 have held preliminary talks with the government on a broader tie-up of some operations, according to two sources.
* HOUSING: Higher interest rates concerns weighed on Britain's housing market last month, with downward pressure on house prices increasing for the first time in four months, a survey showed.
* EMPLOYMENT: Britain's labour market showed more signs of recovering last month with permanent staff placements rising at the fastest pace in four years, survey showed.
* COMMODITIES: Oil, gold, and copper prices gained.
* EX-DIVS: Kingfisher KGF.L, Barratt Redrow BTRW.L, and WPP WPP.L will trade without entitlement to their latest dividend pay-out on Thursday.

     
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 (Compiled by Neeshita Beura and Krisha Bhatt in Bengaluru)
 ((Neeshita.Beura@thomsonreuters.com))