UK Stocks-Factors to watch on Jan 30

Kitco Media
By Reuters
Published:
Updated:
Reuters
Jan 30 (Reuters) - Britain's FTSE 100 index is seen opening lower, with futures down 0.30% on Monday.
* RIO TINTO: Rio Tinto Ltd's iron ore division chief Simon Trott apologised after a contractor hired by the mining giant lost a radioactive capsule in transit in Western Australia which sparked a radiation alert across parts of the state.
* FLYBE: British regional airline Flybe on Saturday ceased trading for the second time in three years, with all flights cancelled and 276 workers made redundant.
* NHS: England's National Health Service (NHS) announced a two-year recovery plan to help restore emergency care and frontline services, currently struggling through one of their toughest winters.
* GOLD: Gold prices held steady, as investors remained on the sidelines awaiting the U.S. Federal Reserve's rate-hike verdict due this week.
* OIL: Oil prices climbed in early Asia trade, supported by tensions in the Middle East following a drone attack in Iran and as Beijing pledged over the weekend to promote a consumption recovery which would support fuel demand.
* METALS: Copper prices slumped on Friday, pressured by a firmer dollar and uncertainty about how soon Chinese metals demand will rise after the country dismantled strict COVID-19 controls.
* Britain's FTSE 100 was flat on Friday, with investors cautious ahead of major central bank decisions next week, while shares of Rolls-Royce slumped on a warning from the engineering company's top boss.


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* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting By Sruthi Narasimha Chari in Bengaluru; Editing by Savio D'Souza)

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