* VODAFONE: U.S.-listed Liberty Global disclosed a near-5% stake in British telecom group Vodafone saying its larger rival's shares were undervalued by the market but ruling out a takeover.
* REGULATION: Britain on Tuesday will set out draft legislation to regulate "buy now pay later" credit, saying the sector posed potential harm to consumers without thorough affordability checks.
* OIL: Oil prices fell after the U.S. government said it would release more crude from its Strategic Petroleum Reserve (SPR) as mandated by lawmakers, defying expectations from some traders that the release could be cancelled or delayed.
* GOLD: Gold prices rose as the dollar retreated, with investors bracing for U.S. inflation data that could determine the Federal Reserve's next moves in its monetary policy plans.
* METALS: Copper prices edged higher as a weaker U.S. dollar made greenback-denominated metals more attractive to holders of other currencies.
* FTSE: Britain's FTSE 100 edged higher supported by gains in defence stocks, while investors awaited U.S. inflation data due later on Tuesday that could offer clues on the future monetary tightening path.
* UK CORPORATE DIARY:
TUI AG Q1 Trading Update
Plus500 Ltd FY Results
Coca Cola HBC AG FY Results
* 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)
