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UK Stocks-Factors to watch on May 7

Published 05/07/2020, 01:15 PM
Updated 05/07/2020, 01:20 PM
© Reuters.
UK100
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IHG
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GSK
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HMSO
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ULVR
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MNDI
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VANQ
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IMI
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BT
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CCL
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MCG
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RAT
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SDRY
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HLL
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AAAA
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TRNT
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May 7 (Reuters) - Britain's FTSE 100 .FTSE index is seen
opening 1 point lower on Thursday, according to financial
bookmakers.

* BOE: The Bank of England is unlikely to add to its
enormous stimulus for Britain's economy on Thursday, but the
historic hit to output and jobs that it is set to spell out will
raise the prospect of yet more bond-buying before long.
* JOBS: Britain's job market came to a dead stop in April as
the coronavirus lockdown prompted a huge drop in economic
activity, from which businesses will take time to recover,
surveys showed. * AVIATION FIRMS: British aerospace and aviation firms must
look at existing government schemes and self-help measures
before individual packages for companies are considered, housing
minister Robert Jenrick said on Wednesday. * DEBENHAMS: British department store group Debenhams said
it will shut down five of its stores in Hammerson HMSO.L
leading to potentially 1,400 job cuts, as it failed to agree
rent terms with the mall operator * GSK: GlaxoSmithKline GSK.L is selling $3.45 billion
worth of shares in Unilever 's ULVR.L Indian business HLL.NS
on the open market, according to a deal marketing term sheet
seen by Reuters, cashing in late from the sale of the Horlicks
brand.
* CARNIVAL: Carnival Corp's CCL.L CCL.N Princess Cruises
said on Wednesday its voyages would remain suspended through the
end of summer as reduced flights and travel bans around the
globe bring the industry to a virtual standstill. * GOLD: Gold rose as bleak economic data raised doubts about
a recovery in the coronavirus-hit global economy even though
some countries started to ease lockdown restrictions.
* OIL: Oil prices steadied as data showed China's crude
imports rebounded, but market watchers expect gains to be capped
by the glut in supplies as the coronavirus pandemic crushes
global fuel demand. O/R
* London's FTSE 100 closed nearly flat on Wednesday as
record gains for healthcare stocks offset growing evidence of
the economic damage from the COVID-19 pandemic and escalating
U.S.-China tensions. UK CORPORATE DIARY:
Provident Financial PFG.L Interim Management Statement
IHG IHG.L Trading Update
Mondi MNDI.L Trading Update
IMI IMI.L Q1 Trading Update
National Express NEX.L Trading Update
Rathbones RAT.L Q1 Interim Management Statement
Trainline TRNT.L FY Results
AA AAAA.L FY Results
BT Group BT.L FY Results
Superdry SDRY.L Trading Statement

* 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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