UPDATE 1-UK Stocks-Factors to watch on Feb 7

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds new items; updates futures) Feb 7 (Reuters) - Britain's FTSE 100 index is seen opening higher, with futures up 0.14% on Tuesday.
* BP: BP reported a record profit of $28 bln in 2022, lifted by a surge in energy prices since Russia's invasion of Ukraine.
* BP: BP said in a


strategy update it planned by 2030 to spend around $8 bln a year on its oil and gas business.



* FERREXPO: Ferrexpo said it


had been notified by a court order to freeze the bank accounts of its largest Ukraine subsidiary, as part of a probe.



* UK HOUSE PRICES: British


house prices were unchanged in January after falling in month-on-month terms in each of the previous four months, mortgage lender Halifax said.


* ROYAL MAIL: Postal workers at Royal Mail called off a planned 24-hour strike over pay next week, 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 IP analytics.
* UK RETAILERS: Spending by shoppers at British retailers grew less quickly in January as consumers treated themselves to cinema trips and booked holidays
* 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.
* BARCLAYS: Barclays' co-heads of equities, Todd Sandoz and Paul Leech, have stepped down from their roles and left the bank.
* 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)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.