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UPDATE 1-UK Stocks-Factors to watch on Oct. 12

Published 10/12/2020, 02:42 PM
Updated 10/12/2020, 02:50 PM
© Reuters.
UK100
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ICAG
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(Adds company news items, futures)
Oct 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen
opening 6 points higher at 6,022 on Monday, according to
financial bookmakers, with futures up 0.03% ahead of cash market
open.
* IAG: Airlines group IAG ICAG.L named Aer Lingus boss
Sean Doyle as the new chief executive of British Airways,
replacing Alex Cruz in the top job, one of a number of
management changes announced by IAG's new chief executive after
a month in the job. * BANK OF ENGLAND: The Bank of England asked banks on Monday
for information about their readiness for zero or negative
interest rates, following up on its announcement last month that
it was considering how to take rates below zero if needed.
* OIL: Oil prices dropped for a second straight session on
Monday as U.S. producers began restoring output after Hurricane
Delta weakened, while a strike that had affected production in
Norway came to an end. * GOLD: Gold fell back from a three-week high on Monday as
the dollar firmed, although hopes for a new U.S. coronavirus aid
package checked the precious metal's losses. * The UK blue-chip index .FTSE closed 0.7% higher on
Friday, as a new jobs support plan and advancements in Brexit
talks eclipsed worries about a fresh surge in COVID-19 cases.
* 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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