UPDATE 1-UK Stocks-Factors to watch on March 10

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds news items, updates futures) March 10 (Reuters) - Britain's FTSE 100 index is seen opening lower on Friday, with futures down 1.56%.
* ROBERT WALTERS: Recruiter Robert Walters said its founder and chief executive, Robert Walters, has decided to retire and will step down from the board on April 27.
* BERKELEY: British housebuilder Berkeley Group Holdings Plc kept its 2023 outlook unchanged and said it was taking a cautious approach to releasing new phases to the market amid volatility.
* FIRSTGROUP: British transport operator FirstGroup said profit for its current financial year would come in ahead of forecasts, boosted by higher numbers of people travelling on its buses.
* ECONOMY: British economic output rose by a better-than-expected 0.3% month-on-month in January, official data showed.
* SHELL: Petrobras and Shell will work together to identify potential opportunities to explore for and produce crude and natural gas, Petrobras said.
* ASDA: British supermarket groups Asda and Morrisons have started to remove some of their customer purchase limits on salad vegetables and fruit.
* LENDERS: Britain's financial watchdog said it expects the number of mortgage borrowers struggling to keep up with payments to rise at a much slower pace in the next 12 months than previously forecast.
* OIL: Oil fell for a fourth session, heading for its biggest weekly loss in five weeks on worries about the prospect of steep interest rate hikes in the United States.


* GOLD: Gold prices eased as investors keenly look forward to the U.S. non-farm payrolls report to assess the likely path of the Federal Reserve's rate-tightening cycle.
* METALS: Copper prices slid, heading for weekly losses as fears over persistent interest rate hikes by the U.S. Federal Reserve weighed on investor sentiment.


* 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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