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UPDATE 1-UK Stocks-Factors to watch on Sept 22

Published 09/22/2020, 02:35 PM
Updated 09/22/2020, 02:40 PM
© Reuters.

(Adds futures, news items)
Sept 22 (Reuters) - Britain's FTSE 100 .FTSE index is seen
opening 33 points higher on Tuesday, according to financial
bookmakers, with futures FFIc1 up 0.4% ahead of the cash
market open.

* RIO: Rio Tinto RIO.L RIO.AX has signed a pact to
jointly develop its first bonded area operations to blend iron
ore in China's port of Dalian. * FCA: Britain's Financial Conduct Authority said it was
proposing to stop insurers from charging more to repeat car and
home insurance customers than to new clients. * WHITBREAD: Whitbread WTB.L said it could cut up to 6,000
jobs in its hotel and restaurant business as it expects demand
to remain at lower levels in the short to medium
term. * LOCKDOWN: British Prime Minister Boris Johnson will on
Tuesday advise that people should work from home if they can as
part of a package of measures aimed at halting the swiftly
accelerating second wave of the novel coronavirus outbreak.
* TUI (LON:TUIT): Holiday company TUI TUIGn.DE said it had reduced
capacity for the coming winter season due to changing travel
restrictions. * KINGFISHER: Kingfisher KGF.L reported a 23.1% rise in
first half profit, driven by a strong sales recovery in its
second quarter. * BEAZLEY: Beazley BEZG.L is bracing for claims linked to
the novel coronavirus pandemic to double to $340 million.
* A.G. BARR: A.G. Barr BAG.L reported a near 63% slump in
half-year profit, as coronavirus-related lockdowns sapped demand
for its products. * PUBS: Pubs in England will have to close at 10 PM local
time to tackle rising COVID-19 infections, and bars and
restaurants could be shut completely in hard-hit areas, Prime
Minister Boris Johnson will announce on Tuesday, the Sun
newspaper reported. * OIL: Oil rose in early trade, paring sharp overnight
losses, as the latest tropical storm in the Gulf of Mexico lost
strength. O/R
* The FTSE 100 marked its worst day in more than three
months on Monday as HSBC and Standard Chartered slid on reports
the banks were among those that moved allegedly illicit funds.
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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