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UK Stocks-Factors to watch on Nov 13

Published 11/13/2020, 01:59 PM
Updated 11/13/2020, 02:00 PM
© Reuters.
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Nov 13 - Britain's FTSE 100 .FTSE index is seen opening 69 points lower at
6,270 on Friday, according to financial bookmakers.

* TESCO: Britain's biggest retailer Tesco TSCO.L will set up solar farms,
fit more solar panels in its stores and roll out electric vehicles, bringing
forward a target for its UK business to be net-zero carbon emissions by 15 years
to 2035. * BANK OF ENGLAND: The Bank of England is looking at whether it could
introduce a graduated system of "strong and simple" capital rules for smaller
lenders and building societies, Deputy Governor Sam Woods said on
Thursday. * BREXIT: British Prime Minister Boris Johnson's top adviser, Dominic
Cummings, is expected to leave his position by year-end, the BBC reported late
on Thursday. * GOLD: Gold prices inched higher, as fears over the economic fallout from
mounting cases of COVID-19 overshadowed hopes of a vaccine, although the metal
was on track for its worst weekly performance since late-September. * OIL: Oil prices fell pressured by fears about a slow recovery in the
global economy and fuel demand due to an accelerating rise in COVID-19
infections, but remained on track for a second straight weekly gain, helped by
vaccine hopes. * The UK blue-chip index .FTSE closed 0.7% lower on Thursday after
rallying more than 7% this week as slower-than-expected domestic economic growth
in September underscored concerns about a faltering recovery from the
coronavirus-driven recession. For more on the factors affecting European stocks, please click on:
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TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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