UK Stocks-Factors to watch on December 1 (updated)

Willis Towers Watson

01/12/2025 07:56

Updates futures, adds new items

Dec 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.20%.

* EASYJET: easyJet EZJ.L completed software updates on its A320 aircraft family over the weekend following the global recall issued by Airbus AIR.PA on Friday.

* TULLOW OIL: Tullow Oil appointed Roald Goethe as
Chair
 to replace Phuthuma Nhleko, as the West Africa-focused oil producer looks to refinance its debt.

* HICL INFRASTRUCTURE: HICL Infrastructure HICL.L and The Renewables Infrastructure Group TRIG.L said they had abandoned plans for a proposed
merger.

* MELROSE: Melrose Industries MRON.L announced that CFO Matthew Gregory will step down and be succeeded by Ross McCluskey in 2026.

* OFCOM: Ofcom fined Virgin Media 23.8 million pounds after the company disconnected telecare customers during its programme to migrate them to digital landlines.

* AIRLINES: Britain's Transport Minister Heidi Alexander said a recall issued by Airbus AIR.PA on its A320 family of jets for immediate repairs would have limited impact on UK airlines.

* BP: BP BP.L said it had begun restarting the 400-mile Olympic Pipeline after completing repairs on a leak east of Everett, Washington.

* NATWEST: NatWest Group NWG.L is in exclusive talks to sell its 85% stake in workplace pension provider Cushon to U.S. insurance broker Willis Towers Watson WTW.O, two people with knowledge of the matter said.

* SERVICES SECTOR: Optimism in Britain's services sector declined in the three months to November, the Confederation of British Industry said on Monday.

* ECONOMIC GROWTH: British Prime Minister Keir Starmer will set out on Monday his economic vision for the rest of the Labour government's parliamentary, his office said.

* COMMODITIES: Oil prices rose more than 1.5% on Monday, gold prices hit a six-week high, and copper touched new peaks.

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

TODAY'S UK PAPERS
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 (Compiled by Ankita Bora and Neeshita Beura in Bengaluru)

 ((Ankita.Bora@thomsonreuters.com))