UK Stocks-Factors to watch on October 1 (updated)
01/10/2025 07:57
Adds new items, updates futures Oct 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.07%. * TAYLOR WIMPEY: Taylor Wimpey TW.L flagged softer sales rate in the nine weeks to September 28 as high borrowing costs and stubborn inflation challenge the UK housing market. * DIVERSIFIED ENERGY: Diversified Energy DEC.N, DEC.L said it would move its primary listing to the New York Stock Exchange. * GREGGS: Greggs GRG.L reported a further slowdown in underlying sales growth in its latest quarter, blaming July's hot weather for weaker trading before a recovery in August and September. * TATE & LYLE: Tate & Lyle Plc TATE.L warned that its annual profit and revenue would fall due to a slowdown in demand in the Americas. * HOUSE PRICES: British house prices rose slightly faster than expected last month, increasing 0.5% in September, Nationwide Building Society said. * THAMES WATER: Some creditors of Thames Water will pledge to retain their ownership in the British utility until 2030 as part of a rescue plan, Sky News reported. * ANTOFAGASTA: The union for supervisors at Antofagasta's ANTO.L Los Pelambres copper mine in Chile has rejected a contract offer, the group said. * INTEREST RATES: Bank of England Deputy Governor Sarah Breeden said that a recent climb in headline inflation was unlikely to last and there were risks to the economy if interest rates are kept high for too long. * COMMODITIES: Oil prices steadied ahead of potential OPEC+ plans for a larger output hike next month, gold prices surged to a record high after the official start of the U.S. government shutdown and London copper futures strengthened following top-producer Chile's steepest output drop in over two years. * 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 Simone Lobo in Bengaluru) ((Simone.Lobo@thomsonreuters.com; +919920570373;))