UK Stocks-Factors to watch on October 16
16/10/2025 06:23
Oct 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.34%. * LENDABLE: British consumer credit firm Lendable launched a monthly 20-pound mobile plan on Wednesday, the latest financial technology firm to expand into telecommunications to unlock new revenue streams. * THINK TANK STUDY: British finance minister Rachel Reeves should raise taxes by a lot in next month's budget to exit the "Groundhog Day scenario" of continuously having to find measures to patch up the public finances, a think tank said on Thursday. * OIL: Oil prices rose around 1% on Thursday after U.S. President Donald Trump said Indian Prime Minister Narendra Modi had pledged his country would stop buying oil from Russia, a move that could drain supply elsewhere. * GOLD: Gold hit a record high on Thursday, rising for a fifth session, as investors ramped up their safe-haven bets amid rising trade tensions between the world's two largest economies, a U.S. federal government shutdown and heightened rate-cut bets. * METALS: Shanghai copper edged up on Thursday, as investors focused on supply risks with several countries warning about tumbling processing fee, and U.S.-China trade tensions in the run up to a high-stakes meeting between leaders from both countries. * EX-DIVS: Persimmon PSN.L, Games Workshop Group GAW.L, Smiths Group SMIN.L, and Diageo PLC DGE.L will trade without entitlement to its latest dividend pay-out. * FTSE: The UK blue-chip index .FTSE fell 0.3%, closing lower on Wednesday as investors were cautious ahead of domestic GDP data due Thursday, with fiscal concerns including sticky inflation and the prospect of tax hikes, weighing on sentiment. * UK CORPORATE DIARY:
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| Travis Perkins | TPK.L | Q3 trading update |
| Sabre Insurance | SBRE.L | Q3 trading update |
| Croda | CRDA.L | Q3 trading update |