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UPDATE 1-UK Stocks-Factors to watch on May 14

Published 05/14/2021, 02:45 PM
Updated 05/14/2021, 02:50 PM
© Reuters.
UK100
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UK100
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(Adds news item, futures)
May 14 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 42
points higher at 7,005 on Friday, according to financial bookmakers, with
futures FFIc1 seen up 0.50% ahead of the cash market open.

* SANNE GROUP: UK-based Cinven said alternative asset and corporate services
firm Sanne Group SNNS.L had rejected the private-equity firm's
1.35-billion-pound buyout offer. L4N2N11OS
* ENVIRONMENT: Britain wants to broker a global agreement to stop the
cross-border financing of coal projects when it hosts a major climate conference
in November, a senior government minister said. * GOLD: Gold prices fell and were on track for a weekly loss, as firmer
dollar and rising U.S. Treasury yields dampened the metal's safe-haven
appeal. * OIL: Oil prices fell as coronavirus cases remained high in major oil
consumer India and as a key fuel pipeline in the United States resumed
operations after being shut due to a cyber attack. * The UK blue-chip index .FTSE closed 0.6% lower on Thursday, dragged down
by losses in heavyweight commodity stocks and Burberry Group, while fears of a
spike in inflation as the economy recovers hurt demand for equities. * 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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