Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

UPDATE 1-UK Stocks-Factors to watch on Sept. 21

Published 21/09/2016, 04:26 pm
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Sept. 21
UK100
-
NWG
-
SAN
-
BHP
-
TSCO
-
DGE
-
BRBY
-
BHPB
-
SVS
-
UK100
-

(Adds company news item, futures)

Sept 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 8 points, or 0.1 percent on Wednesday, according to financial bookmakers, with futures FFIc1 up 0.4 percent ahead of the cash market open.

* The UK blue chip index closed up 0.3 percent at 6,830.79 points on Tuesday, lifted by gains in consumer goods stocks ranging from luxury fashion group Burberry BRBY.L to supermarket retailer Tesco TSCO.L .

* BHP BILLITON: BHP Billiton BHP.AX BLT.L Chief Executive Andrew Mackenzie's annual salary was cut in half following the Samarco dam disaster in Brazil that claimed 19 lives and caused widespread environmental damage, the global miner said. BHP BILLITON: BHP Billiton BHP.AX BLT.L said it disagreed with Australian tax collectors' assessment that the miner needed to pay $766 million in back taxes and charges for its Singapore commodities marketing hub, and that it could resort to court action to fight the claim. RBS: Banco Santander SA SAN.MC has pulled out of talks to buy Royal Bank of Scotland Group's RBS.L Williams & Glyn unit, the Financial Times reported on Tuesday, citing people familiar with the matter. DIAGEO: Drinks maker Diageo DGE.L said on Wednesday its 2017 fiscal year had started well, with the key drivers of improved top line growth being scotch whisky, U.S. spirits and India. BRITAIN EMPLOYMENT: British employers plan to hire more staff to meet demand but confidence about future investment and hiring has deteriorated because of worries about the impact of Britain's exit from the European Union, a survey by a recruitment body showed. BRITAIN DERIVATIVES: Moving euro-denominated clearing from London to the continent after Britain leaves the European Union would be a mammoth task and bump up costs for companies, a senior derivatives industry official said on Tuesday. BREXIT: House prices in London's prime locations will fall by 9 percent this year and not grow again until 2019 as buyers, already hit by increased property taxes, wait to see the outcome of Brexit divorce talks, estate agents Savills SVS.L said. BREXIT: The financial services industry must speak with one voice and help the government negotiate to secure Britain's future trading relationship with Europe after it leaves the bloc, a former minister and top banking industry official said on Tuesday. BANK OF ENGLAND: New Bank of England policymaker Michael Saunders said in an interview published on Tuesday that the central bank still had scope to boost the economy further if needed, but had to be alert to adverse side-effects from loose monetary policy. BREXIT: Prime Minister Theresa May said on Tuesday Britain will not turn away from the world after the unexpected Brexit vote and will remain at the heart of international affairs. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB Multimedia versions of Reuters Top News are now available for:

* 3000 Xtra

: visit http://topnews.session.rservices.com

* For Top News : http://topnews.reuters.com

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.