UPDATE 1-UK Stocks-Factors to watch on June 10

(Adds company news items, futures)
June 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 18
points higher at 6,353 on Wednesday, according to financial bookmakers, with
futures up 0.05% ahead of cash market open.
* RESTAURANT GROUP: Restaurant Group Plc RTN.L said on Wednesday it would
shut 125 of its underperforming sites through a company voluntary arrangement
for its leisure estate, mainly affecting its Frankie and Benny's chain and
leaving it with about 160 restaurants. * PARAGON BANKING: Paragon Banking Group PAGPA.L on Wednesday posted a 28%
slump in half-year underlying profit, as it booked a 27.7 million pound charge
due to the COVID-19 pandemic and set aside millions more to cover expected loan
losses because of the crisis.
* QUIZ: British fashion retailer Quiz QUIZ.L said on Wednesday it would
place its stores unit into administration and then buy the business back so it
can try to renegotiate better rental terms.
* SEGRO: Segro Plc SGRO.L said on Wednesday that strong demand from
investors has led the warehousing specialist to increase the size of its share
sale to 680 million pounds, aimed at funding expansion plans amid the
coronavirus crisis. * DRAX: Britain's largest union said on Tuesday it would hold a ballot for
industrial action later this month over the closure of two coal-fired generation
units at Drax Group's DRX.L Selby power plant in north Yorkshire. * ASTRAZENECA: AstraZeneca AZN.L on Tuesday received $23.7 million in
funding from a U.S. government agency to advance the development of
antibody-based COVID-19 treatments as the British drugmaker ramps up efforts
beyond its potential vaccine to combat the pandemic. * GLAXOSMITHKLINE: GlaxoSmithKline (GSK) GSK.L has started a trial in the
United States to test an experimental rheumatoid arthritis drug on patients
suffering from pneumonia caused by COVID-19, the British drugmaker said on
Tuesday. * SHELL: Oil company Royal Dutch Shell Plc RDSa.L said on Tuesday it had
resumed activities at its Bajada de Añelo block in Argentina's Vaca Muerta area
after seismic activity in the region led to a halt late last week. * VODAFONE: Thousands of British customers of Vodafone Group Plc VOD.L ,
the world's second-biggest mobile operator, faced call connection problems on
Tuesday evening, although they were resolved within an hour. * GOLD: Gold extended gains on Wednesday as global equity markets eased
after a recent rally, while U.S. Treasury yields dropped ahead of the outcome of
the Federal Reserve's meeting that is expected to shed light on the state of the
economy and further stimulus. * OIL: Oil prices fell on Wednesday after data showed a rise in crude and
fuel stockpiles in the United States, reviving concerns about oversupply and
falling fuel demand in the world's largest crude consumer amid the coronavirus
outbreak. * The UK blue-chip index .FTSE closed 2.1% lower on Tuesday, weighed down
by forecast cuts from British American Tobacco, while HSBC dropped after a
leading shareholder said it was uneasy over the company's decision to back a new
security law in Hong Kong. For more on the factors affecting European stocks, please click on:
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