RPT-UPDATE 1-UK Stocks-Factors to watch on Feb 13

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Repeats with no change to text) Feb 13 - Britain's FTSE 100 index is seen opening higher on Monday, with futures up 0.2%.
* MJ HUDSON: Britain's MJ Hudson Group , which provides services to asset managers, said its auditors Ernst & Young LLP have resigned because they have "lost trust" in the company.
* KAPE TECHNOLOGIES: Teddy Sagi, the largest shareholder of Britain's Kape , said he would make a cash offer to buy the digital security and privacy software business for about $1.51 billion.
* BP: Loading of Azerbaijani oil at Turkey's Ceyhan terminal resumed on Sunday, a spokeswoman for BP said.
* ARM LTD: SoftBank Group Corp's chip technology firm Arm Ltd's China joint venture laid off 90-95 employees last week to cope with a challenging business outlook this year, according to three sources familiar with the situation.
* WAGES: British employers expect to raise wages for their staff by the most in at least 11 years but the 5% pay deals for workers would still fall well below expected inflation, a survey showed.
* STRIKE: A trade union representing British firefighters recommended an improved pay offer from fire service employers on Saturday after it postponed planned strike action for members to vote on the offer.
* OIL: Oil prices eased around 1% after rising in the previous session, as investors focused on short-term demand concerns stemming from crucial upcoming U.S. inflation data and refinery maintenance in Asia and the United States.
* GOLD: Gold prices eased, pressured by a firmer dollar as traders squared positions before the U.S. inflation data, which could influence the Federal Reserve's roadmap for interest rate hikes, comes out on Tuesday.
* 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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