UK Stocks-Factors to watch on May 24

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on May 24
Credit: © Reuters.

May 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 5 points lower at 7,784 on Thursday, according to financial bookmakers.

* BRITISH INFLATION: British inflation fell unexpectedly in April, according to data that prompted fresh questions about when the Bank of England would next raise interest rates and pushed sterling to its lowest level against the dollar this year. BARCLAYS: Barclays Plc BARC.L is not actively exploring a potential merger with rivals, two sources close to the bank said, as speculation mounts about how the British lender plans to defend itself against activist investor Edward Bramson. PADDY POWER BETFAIR: Paddy Power Betfair PPB.I , PPB.L has agreed to merge its U.S. business with fantasy sports company FanDuel to target the U.S. sports betting market that is set to open up in the coming years, the Irish bookmaker said on Wednesday. MARKS & SPENCER: Marks & Spencer MKS.L is modernising rapidly to survive and has finally found a strategy that will deliver the profitable, growing business craved by investors, the British retailer said on Wednesday. OIL: Oil prices fell on Thursday on expectations that OPEC members will step up production in the face of worries over supply from both Venezuela and Iran. EX-DIVS: Bunzl Plc BNZL.L , Carnival Plc CCL.L , DCC Plc DCC.L , Imperial Brands Plc IMB.L , WM Morrison Supermarkets Plc MRW.L and Whitbread Plc WTB.L will trade without entitlement to their latest dividend pay-out on Thursday, trimming 3.2 points off the FTSE 100 according to Reuters calculations. The UK blue chip index closed 1.1 percent lower at 7,788.44 on Wednesday, as oil majors and commodity-related stocks fell but well-received results made Marks & Spencer a bright spot. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY:

Tate & Lyle Plc

TATE.L

Full Year 2018 Earnings

Release United Utilities Group

UU.L

Full Year 2018 Earnings Plc

Release Electrocomponents Plc

ECM.L

Full Year 2018 Earnings

Release Inchcape Plc

INCH.L

Q1 2018 Trading Statement

Release Caledonia Investments Plc CLDN.L

Full Year 2017 Earnings

Release Go-Ahead Group Plc

GOG.L

Q3 2017 Trading Statement

Release Renewi Plc

RWI.L

Preliminary Q4 2018

Earnings Release PayPoint Plc

PAYP.L

Full Year 2017 Earnings

Release Kingfisher Plc

KGF.L

Q1 2018 Trading Statement

Release Daily Mail and General

DMGOa.L Half Year 2018 Earnings Trust Plc

Release Intertek Group Plc

ITRK.L

May 2018 Trading

Statement Release Paragon Banking Group Plc PARA.L

Half Year 2018 Earnings

Release Talktalk Telecom Group

TALK.L

Preliminary FY 2018 Plc

Earnings Release Mediclinic International

MDCM.L

Full Year 2018 Earnings Plc

Release Newriver Reit Plc

NRRT.L

Full Year 2018 Earnings

Release

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