UPDATE 1-UK Stocks-Factors to watch on March 24

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds news items, updates futures) March 24 (Reuters) - Britain's FTSE 100 index is seen opening lower on Friday, with futures down 0.53%.
* JD WETHERSPOON: British pub group J D Wetherspoon Plc returned to a half-year profit, as customers flocked at its pubs despite a cost of living crisis.
* SMITHS GROUP: British industrial technology company Smiths Group posted a 27%


jump in first-half profit and upgraded its forecast for the full-year.



* SAVANNAH ENERGY: Savannah Energy said it plans to pursue all its


legal rights , contesting Chad's move on Thursday to nationalise its upstream assets in the country.



* RETAIL SALES: British retail sales


rose 1.2% in February from the month before, figures from the Office for National Statistics showed.


* RIO TINTO: U.S. cybersecurity firm Fortra said suspicious activity was identified within its GoAnywhere software nearly two months ago, a day after Rio Tinto said in a staff memo that personal data of some of its Australian employees may have been stolen.
* BARCLAYS: British bank Barclays Plc has tapped John Erdmann as chief financial officer of its U.S. Consumer Bank and Barclays Bank Delaware.
* BARCLAYS: A former Barclays director, fired for sexual harassment and other misconduct, is suing the bank for more than 584,600 pounds.
* CONSUMER CONFIDENCE: British consumer confidence rose this month to its highest level in a year, a survey showed.
* OIL: Oil prices extended losses on worries about a potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling the country's Strategic Petroleum Reserve may take several years.
* GOLD: Gold prices eased in range-bound trading due to a firmer dollar, while investors digested the U.S. central bank's hints at a potential pause in its rate-hike trajectory.




* 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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