* CENTRICA: Energy companies Lhyfe and Centrica signed a
MoU to co-develop offshore renewable green hydrogen for the first time in the
United Kingdom.
* OFWAT: Water industry regulator Ofwat said it would stop the payment of
dividends if they would risk a water company's financial resilience, and take
enforcement action against firms that don't link dividend payments to
performance.
* RIO TINTO: Rio Tinto has more work to do to protect Indigenous cultural
heritage at its mines around the world, according to an independent audit of its
practices, the world's biggest iron ore miner said.
* HSBC: Silicon Valley Bank's UK arm handed out over 15 million pounds in
bonuses days after its rescue deal this week by HSBC, Sky News reported on
Saturday.
* MANUFACTURING: Britain's manufacturing output bounced back in the first
three months of 2023, but firms expect the sector to contract as inflationary
pressures persist, a survey showed.
* HOUSING: The average price of homes coming on the market in Britain
stabilised in March and activity is picking up towards more normal pre-pandemic
levels, a survey showed.
* JOHN LEWIS: British retailer John Lewis, which has been 100% owned by its
staff, is considering diluting its partnership structure, The Sunday Times
reported on Saturday.
* STRIKE: Security staff at London's Heathrow Airport voted on Friday to
strike for 10 days, trade union Unite said.
* STRIKE: EasyJet Plc cabin staff in Portugal will go on a three-day
strike in early April to demand higher wages, the SNPVAC union of civil aviation
flight personnel said on Friday.
* OIL: Oil falls as banking concerns persist and ahead of a potential
interest rate hike.
* GOLD: Gold attempts rebound as banking sector concerns return to fore.
* 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)
