UK Stocks-Factors to watch on Feb 8

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 8 (Reuters) - Britain's FTSE 100 index is seen opening higher with futures up 0.61% on Wednesday
* ROYAL MAIL: Royal Mail is facing a threat from LockBit, at a time when the British postal and parcel firm is grappling with the fallout of a "cyber incident" from last month.
* UNILEVER: Unilever Plc will build a manufacturing plant in the northern Mexican border state Nuevo Leon as part of a $400 mln investment in the country over the next three years.
* TESCO: Tesco and Lidl traded allegations of copying brands and deceiving customers at London's High Court in a dispute.
* BOE: Britons would be limited to 20,000 digital pounds ($24,000) each if the country goes ahead with a digital currency, Bank of England Deputy Governor Jon Cunliffe said.
* HSBC: Many mortgage borrowers could struggle to manage more expensive home loans this year as the cost of living crisis deepens.
* STRIKE: Civil servants have announced a new date for strike action with 100,000 members across England, Scotland and Wales planning to walk out on March 15, the PCS union said.
* UK LABOUR MARKET: Britain's labour market showed some more signs of cooling in January.
* OIL: Oil prices were little changed amid subdued movements in the dollar. UK's FTSE 100 closed higher on Tuesday as bumper earnings from oil giant BP supported the resources-heavy index. UK CORPORATE DIARY: Q3 Trading Severn update Trent




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Barratt HY Results Developmen
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PZ Cussons HY Results
Smurfit FY Results Kappa
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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)

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