UK Stocks-Factors to watch on Nov 15 (updated)
15/11/2024 07:49
(Adds new items, updates futures)
Nov 15 (Reuters) - Britain's FTSE 100 .FTSE index is
seen opening lower on Friday, with futures FFIc1 down 0.4%.
* Land Securities: Land Securities LAND.L forecast annual
earnings above market view, after the British commercial
property firm swung to a half-year profit, boosted by increased
tenant occupancy and rental growth in its retail and London
assets.
* OFGEM: British energy regulator Ofgem said a 2 billion
pounds ($2.53 billion)
funding package
has been greenlit to build nearly 200 kilometres of new
subsea and underground cables to boost energy security and cut
bills.
* SHELL: Leading energy companies TotalEnergies TTEF.PA ,
BP BP.L , Shell SHEL.L and Equinor EQNR.OL announced a
$500-million joint investment commitment, aimed at increasing
people's access to sustainable modern energy sources.
* TT ELECTRONICS: Volex Plc VLX.L said TT Electronics
TTG.L declined to engage with and rejected two takeover offers
it submitted to the British electronic components maker.
* UK ECONOMY: Britain's economy
contracted
unexpectedly in September and growth slowed to a crawl over
the third quarter, data showed on Friday, an early set back for
finance minister Rachel Reeves' ambitions to kick-start a
sustained pickup.
* BARCLAYS: Barclays BARC.L has been ordered to pay a
former banker with endometriosis and anxiety almost 50,000
pounds ($63,500) for failing to adjust her working hours and for
sex discrimination, a London tribunal has ruled.
* OIL: Oil prices edged down early as oversupply concerns
and demand worries stemming from a stronger dollar outweighed a
steep draw in U.S. fuel stocks.
* GOLD: Gold traded little changed but was set for its worst
week in more than three years.
* METALS: London copper prices nudged up on Friday.
* 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 Prerna Bedi and DhanushVignesh Babu in Bengaluru)
((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))