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UPDATE 1-UK Stocks-Factors to watch on June 8

Published 08/06/2020, 07:41
Updated 08/06/2020, 07:42
UK100
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HSBA
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EZJ
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GILD
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AZN
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RTN
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OXB
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UK100
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(Adds company news items)
June 8 (Reuters) - Britain's FTSE 100 index FFIc1 futures are down 0.58%
on Monday.

* AMIGO: British subprime lender Amigo AMG.L is no longer up for sale
after a potential bidder pulled out of the process and its chairman Stephen
Wilcke resigned on June 7, it said. * OXFORD BIOMEDICA: Gene and cell therapy firm Oxford Biomedica OXB.L said
it signed a new manufacturing agreement to help it scale up production of
AstraZeneca's AZN.L potential COVID-19 vaccine to cater to demand in the
United Kingdom and Europe. * RESTAURANT: Frankie and Benny's owner Restaurant Group Plc RTN.L
confirmed it was in talks with its landlords regarding potential restructuring
options for its leisure estate, as it struggles with financial pressures
following the coronavirus lockdowns. * EASYJET: Two non-executive directors of EasyJet EZJ.L are to step down
from the board later this year in line with corporate governance best practice,
having each served for nine years, the British airline said. ASTRAZENECA: Britain's AstraZeneca has approached U.S. rival Gilead Sciences
GILD.O about a possible merger to form one the world's largest drug companies,
Bloomberg News reported on Sunday, citing people familiar with the matter.
* HSBC: HSBC Holdings Plc HSBA.L Chairman Mark Tucker has warned Britain
against a ban on networking equipment made by Huawei Technologies Co Ltd,
claiming the bank could face reprisals in China, the Telegraph reported on
Saturday. * GOLD: Gold inched up although safe-haven demand remained subdued, after
prices fell to a more than one-month low in the last session as an unexpected
jump in U.S. employment boosted hopes for a swift economic recovery.
* OIL: Oil prices rose more than 2% early on Monday to their highest in
three months after OPEC and its allies including Russia agreed to extend record
oil production cuts until the end of July. * The UK blue-chip index .FTSE closed 2.3% higher on Friday, as optimism
around a post-coronavirus economic recovery drove investors back to riskier
assets. * 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

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