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Europe, News

UK Stocks-Factors to watch on Sept 27

(Adds futures and news items) Sept 27 (Reuters) – Britain’s FTSE 100 index is seen opening 46 points higher on Monday, with futures up 0.98%. * UNITED UTILITIES: Britain’s United Utilities forecast higher revenue and profit for the first half, as water consumption by businesses starts returning to pre-pandemic levels and household demand remains high. * ROLLS-ROYCE: Rolls-Royce said it had won a contest to provide engines for the U.S. Air Force B-52 Stratofortress bombers, following a multi-year competition. * HIKMA: Hikma Pharmaceuticals said it would buy U.S.-based sterile injectables company Custopharm in $375 mln deal. * GAS STATIONS: British petrol and diesel stations are running dry across the land, with some big groups in English cities reporting 50% to 90% of pumps were dry, the Petrol Retailers Association said on Monday. * BP: BP said nearly a third of its British petrol stations had run out of the two main grades of fuel on Sunday. * COMPETITION LAWS: Britain suspended competition laws on Sunday to allow competing fuel suppliers to share information and coordinate their response to petrol shortages. * GOLD: Gold prices firmed on Monday, propped up by a subdued dollar and slight retreat in the U.S. Treasury yields. * OIL: Oil prices rose for a fifth straight day with Brent heading for $80 amid supply concerns as parts of the world sees demand pick up with the easing of pandemic conditions. * London’s FTSE 100 ended lower on Friday as concerns about a slowdown in global economic growth outweighed gains in healthcare and energy stocks. * UK CORPORATE DIARY: Instem HY results United Utilities Trading update Medica Group HY results * For more on the factors affecting European stocks, please click on: TODAY’S UK PAPERS > Financial Times > Other business headlines (Reporting By Geetha Panchaksharam)

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