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UPDATE 1-UK Stocks-Factors to watch on July 21

Published 21/07/2020, 07:57
© Reuters.

(Adds futures, news items)
Britain's FTSE 100 .FTSE index is seen opening 6 points higher at 6,268 on
Tuesday, according to financial bookmakers, with futures FFIc1 up 0.7% ahead
of cash markets open.
* OXFORD VACCINE: The University of Oxford's possible COVID-19 vaccine could
be rolled out by the end of the year but there is no certainty that will happen,
the lead developer of the vaccine said. * GVC: Ladbrokes owner GVC Plc GVC.L said that Britain's tax regulator had
widened its investigation into the gambling company's former Turkish online
business to include unidentified entities within the London-listed group.
* ICG: British asset manager Intermediate Capital Group ICP.L reported a
modest on-quarter rise in assets under management as clients stood firm in the
face of the impact of the pandemic on their investments. * TED BAKER: British fashion retailer Ted Baker TED.L reported a plunge in
sales, following store closures due to coronavirus-induced lockdowns.
* TALKTALK: British broadband operator TalkTalk TALK.L upgraded its
guidance for full-year earnings after seeing trading recover in June and July.
* UK GOVERNMENT: British government borrowing surged to a record 127.9
billion pounds ($162.28 billion) in the first three months of the 2020/21
financial year, when COVID-19 lockdown measures were tightest. * The UK blue-chip index .FTSE closed down 0.5% on Monday, with energy
stocks tracking a decline in oil prices, while AstraZeneca marked its strongest
close ever on optimism over its COVID-19 vaccine. * For more on the factors affecting European stocks, please click on:
LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB


($1 = 0.7881 pounds)

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