UK Stocks-Factors to watch on September 5 (updated)

Tullow Oil

05/09/2025 07:47

Adds company news, updates futures

Sept 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.16%.

* ASHMORE: Ashmore ASHM.L reported a 32% reduction in full-year outflows on Friday, helped by recent investment gains, as investors rebalance their portfolios away from the U.S. on global market volatility.

* BERKELEY: Berkeley BKGH.L reaffirmed its profit forecast for fiscal years 2026 and 2027 on Friday and reported stable trading over the first four months of fiscal 2026.

* TULLOW OIL: West Africa-focused Tullow Oil TLW.L named oil and gas industry veteran Ian Perks as its new CEO on Friday, succeeding Richard Miller, who will return to his previous role as the group's chief financial officer.

* UK RETAIL SALES: British retail sales rose more than expected in July, boosted by good weather and the women's European soccer championship, but annual growth was slower than expected after extensive revisions to previous months' data.

* UK HOUSE PRICES: British house prices rose 0.3% in August, a third consecutive monthly increase that leaves them 2.2% higher than a year earlier, figures published by mortgage lender Halifax showed on Friday.

* REVOLUT: London-based financial technology company Revolut has hired Frederic Oudea, the former CEO of France's Societe Generale, as chairman of its Western Europe hub in Paris, as it prepares to apply for a banking licence in the country.

* OIL: Oil prices extended their decline into a third session on Friday, heading for a weekly loss for the first time in three weeks as supply expectations grow and a surprise build in U.S. crude stocks adds to demand concerns.

* GOLD: Gold prices rose on Friday and were on track for their best week in three months, supported by growing expectations of a U.S. interest rate cut this month, as attention turns to the U.S. non-farm payrolls data due later in the day.

* METALS: Copper prices posted modest gains on Friday, supported by a rare decline in refined copper production in top producer China, while investors awaited data on the U.S. non-farm payrolls due later in the day.

* For more on the factors affecting European stocks, please click on: LIVE/

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 (Compiled by Tuhina and Ankita Bora in Bengaluru)

 ((Ankita.Bora@thomsonreuters.com))