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UK Stocks-Factors to watch on Sept. 21

Published 21/09/2016, 03:28 pm
© Reuters. UK Stocks-Factors to watch on Sept. 21
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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.

* 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. 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

* UK CORPORATE DIARY: Mi-Pay Group Plc

MPAYM.L Half Year NAHL Group Plc

NAH.L

Half Year Sinclair Pharma Plc

SPH.L

Full Year Pan African Resources Plc PAFR.L

Full Year Saga Plc

SAGAG.L Half Year

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