UK Stocks-Factors to watch on Nov 26
(Adds news items)
Nov 26 - Britain's FTSE 100 index is seen opening
lower on Friday, with futures down 1.9%
* ESSENTRA: Essentra Plc said it would begin a
review of its packaging division, as the British company looks
to focus on its industrial component-making
* COMPETITION REVIEWS: Britain's competition regulator said
it had secured improved commitments from Google on
changes to browser cookies in its "privacy sandbox", and
separately flagged concerns on a deal between Konecranes
* SSP GROUP: SSP Group, owner of the Upper Crust
chain of sandwich shops, has appointed industry veteran Patrick
Coveney as CEO.
* BP: BP said it had started production at the
Platina oilfield offshore Angola, helping Africa's second
biggest oil exporter slow a decline in output.
* BLUE PRISM: British robotics software company Blue Prism
has agreed to a 1.22 billion pound ($1.63 billion)
final takeover offer from U.S. private equity firm Vista Equity,
the parties said, topping a proposal from SS&C Technologies
* CAR OUTPUT: British car output fell by an annual 41.4%
last month to its lowest October level since 1956, according to
a trade industry body.
* ENERGY CRISIS: Small British energy suppliers Entice
Energy and Orbit Energy are ceasing to trade, the regulator
Ofgem said in a statement, becoming the latest casualties of
soaring wholesale energy costs.
* OIL: Oil prices slid more than 2% on concerns that a
global supply surplus could swell in the first quarter following
a U.S.-led coordinated release of crude reserves among major
consumers and as a new coronavirus variant spooked
* METALS: London copper prices fell as a new variant
identified in South Africa and expectations of
faster-than-expected U.S. rate hikes fuelled concerns of an
*GOLD: Gold was set for its worst week in five months, as
bullion prices were hammered by increasing bets that the U.S.
Federal Reserve would accelerate the pace of stimulus tapering
and raise interest rates sooner to curb rising
* The UK's blue-chip index crept higher for a fourth session
on Thursday as gains in consumer stocks offset losses stemming
from ex-dividend trading, while pub group Mitchells rose after
its sales surpassed pre-pandemic levels.
* For more on the factors affecting European stocks, please
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
(Reporting by Sinchita Mitra in Bengaluru)
First Published: 2021-11-26 07:04:01
Updated 2021-11-26 09:55:46
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