UPDATE 1-UK Stocks-Factors to watch on Jan. 3

Published 03/01/2020, 08:46
Updated 03/01/2020, 08:54
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Jan. 3

(Adds company news items and futures)

Jan 3 - Britain's FTSE 100 .FTSE index is seen opening down 32 points at

7,572 on Friday, according to financial bookmakers with futures down 0.34% ahead

of cash markets open.

*OFGEM: Britain's energy regulator said it had fined electricity suppliers

10.5 million pounds ($13.77 million) for the Aug. 9 blackout in the country that

affected one million customers and caused transport chaos. *RYANAIR: Ryanair RYA.I is prepared for further delays to the delivery of

its Boeing BA.N 737 MAX airliners, Chief Executive Officer Michael O'Leary

told German magazine Wirtschaftswoche, adding that he would only discuss

compensation after the aircraft had been delivered. * NEXT: British clothing retailer Next NXT.L edged up its profit forecast

for 2019-20 after better-than-expected sales in the Christmas trading period,

helped by a much colder November than last year. * U.S.-IRAN: The United States killed Iranian Major-General Qassem

Soleimani, head of the elite Quds Force and spearhead of Iran's spreading

military influence in the Middle East, in an air strike at Baghdad airport, the

Pentagon and Iran said. * RAIL: Britain will bring to an end the Northern Rail franchise run by

Deutsche Bahn's Arriva due to its "completely unacceptable" performance,

Transport Minister Grant Shapps said on Thursday. * UK SHOP PRICES: British shop prices fell in December for the seventh month

running as retailers ramped up discounts to attract shoppers in the run-up to

Christmas, an industry survey showed. * OIL: Brent crude futures jumped close to $3 to their highest since

September after a U.S. air strike killed key Iranian and Iraqi military

personnel, raising concerns that escalating Middle East tensions may disrupt oil

supplies. * GOLD: Gold prices climbed to a four-month high, as tensions mounted in the

Middle East after a senior Iranian military official was killed in a U.S. air

strike, while a weaker dollar also provided some support to the metal.

* The UK blue-chip index .FTSE closed up 0.8% on Thursday after two

straight sessions of losses to rise after China cut the reserve requirement

ratio for banks and Trump said a Phase 1 trade deal with Beijing would be signed

on Jan. 15.

* For more on the factors affecting European stocks, please click on:

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TODAY'S UK PAPERS

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