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UK Stocks-Factors to watch on Aug 15
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UK Stocks-Factors to watch on Aug 15
Aug 14, 2024 10:05 PM

Aug 15 (Reuters) - Britain's FTSE 100 index is

seen opening higher on Thursday, with futures up 0.5%.

* BP: Oil and gas producer BP Plc told federal

regulators on Wednesday that it has reviewed confidential

commissioning documents and does not believe Venture Global LNG

needs more time to begin commercial production.

* WORKER'S PAY: Britain's train drivers union and the

government have agreed on a pay proposal that could end a

long-running industrial dispute and a series of strikes that

have disrupted rail travel over the last two years.

* NATWEST ( NWG ): Texas has added Britain's NatWest ( NWG ) to a

list of firms that "boycott" energy companies, potentially

restricting the bank's business with public agencies, the

comptroller said on Wednesday.

* OIL: Oil prices rose, supported by optimism potential U.S.

interest rate cuts will boost economic activity and fuel

consumption, though concerns over slower global demand curbed

gains.

* METALS: Most nonferrous metals prices rose, helped by

hopes of an interest rate cut in the United States that could

soften the dollar and support economic growth and metals

consumption.

* EX-DIVS: HSBC ( HSBC ), LSEG, Hiscox ( HCXLF ),

Hima, Barlcays, Haleon ( HLN ) and Entain ( GMVHF )

will trade without entitlement to their latest dividend

pay-outs on Thursday.

* FTSE: London stocks ended higher after advancing for a

fourth straight session on Wednesday as soft consumer prices

data for July strengthened bets that the Bank of England will

cut interest rates in its next policy meeting.

* UK CORPORATE DIARY:

Evoke HY Results

Admiral HY Results

OSB 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 Prerna Bedi in Bengaluru)

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