UK Stocks-Factors to watch on October 3

Zegona Communications

03/10/2025 05:59

Oct 3 - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.18%.

* BP: BP BP.L said it will seek a partner for its major Bumerangue oil discovery in Brazil and could close a deal before making a final investment decision on the project

* SHELL: Shell-led SHEL.L LNG Canada has begun starting up its second 6.5 million tonnes per annum (mtpa) liquefied natural gas processing unit, Train 2, in Kitimat, British Columbia, a spokesperson told Reuters.

* BONDS: An auction of 4.5 billion pounds ($6.07 billion) of British 10-year government bonds drew the weakest demand since May.

* HIRING: British businesses have the joint weakest hiring intentions since 2020 and expect the fastest consumer price inflation since early 2024, according to a Bank of England survey.

* SHAWBROOK : British bank Shawbrook could file for an initial public offering as early as the coming days, two people familiar with the matter said.

* ZEGONA: Zegona Communications ZEG.L is mulling a potential sale of the five data centers it acquired through its purchase of Vodafone's Spanish unit, Bloomberg News reported, citing people familiar with the matter.

* TESCO: Changes to British consumers' behaviour that emerged at the start of a cost of living crisis in 2022, have stuck, Tesco's TSCO.L CEO said.

* COMMODITIES: Oil prices rose slightly but were on track for their steepest weekly decline since late June, copper prices rose on supply disruptions and gold held steady, buoyed by expectations of further U.S. interest rate cuts.

* FTSE: London's FTSE 100 remained flat on Thursday, as weakness in industrial stocks offset gains in financials.

* UK CORPORATE DIARY:

J D Wetherspoon
JDW.L
Full Year Results

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

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 (Reporting by Simone Lobo in Bengaluru)

 ((Simone.Lobo@thomsonreuters.com; +919920570373;))