UK Stocks-Factors to watch on Feb 7

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 7 (Reuters) - Britain's FTSE 100 index is seen opening higher, with futures up 0.10% on Tuesday.
* ROYAL MAIL: Postal workers at Royal Mail called off a planned 24-hour strike over pay next week after receiving legal challenges by the company, the CWU said.
* BOE: Bank of England Chief Economist Huw Pill said that the British central bank was prepared to do more to get inflation back to target after it suggested last week that interest rates were approaching their peak.
* RELX: Britain's RELX has agreed to buy Aistemos for around 30 mln pounds ($36 mln) to enhance its intellectual property (IP) analytics.
* UK RETAILERS: Spending by shoppers at British retailers grew less quickly in January but the overall picture looked a bit brighter as consumers treated themselves to cinema trips and booked holidays, surveys showed.
* STRIKES: Ambulance workers in Wales announced a new round of strikes for Feb. 20, 21 and 22 over an ongoing pay dispute, the Unite said.
* ANGLO AMERICAN: Anglo American's CEO called for a public-private partnership to improve performance at South Africa's Transnet, whose failure to meet demand has hampered miners' ability to export their products.
* BARCLAYS: Barclays' co-heads of equities, Todd Sandoz and Paul Leech, have stepped down from their roles and left the bank, a company spokesperson said.
* The UK's FTSE 100 closed lower on Monday, as upbeat U.S. economic data last week sparked fears of further monetary tightening and as a BoE official voiced concerns that rates need to stay higher for longer. UK CORPORATE DIARY:



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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 Benagluru)

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