UPDATE 1-UK Stocks-Factors to watch on July 18

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UPDATE 1-UK Stocks-Factors to watch on July 18
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July 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 16 points, or 0.2 percent, on Monday according to financial bookmakers, with futures FFIc1 up 0.4 percent ahead of the cash market open. For more on the factors affecting European stocks, please click on The UK blue chip index closed up 0.2 percent at 6,669.24 on Friday, breaking a three-day losing streak after a late broad-based rally. ARM HOLDINGS: Japan's SoftBank Group Corp 9984.T has agreed to buy British chip designer ARM Holdings ARM.L for 24.3 billion pounds ($32 billion), in a deal that will retain the company's management and grow its workforce. Group Corp planned purchase of chip designer ARM shows that Britain remains attractive for investment after the Brexit vote, finance minister Philip Hammond said. AstraZeneca Plc: AstraZeneca Plc AZN.L said its experimental lung cancer drug Tagrisso met its primary endpoint in a late-stage study. BRITISH LAND: British Land Company Plc BLND.L said that it expected some occupiers and investors to take a more cautious approach on the domestic commercial property market following Britain's decision to exit the European Union. ROLLS ROYCE: Iran's energy minister met representatives of Rolls-Royce Holdings Plc RR.L and Siemens AG SIEGn.DE to discuss partnership in power generation technology, the Financial Times reported. MONETARY POLICY: The Bank of England rate-setter who voted last week to cut borrowing costs said he had seen early signs that Britain will need more than just lower interest rates to counter the impact of the Brexit vote on the economy. HOUSE PRICES: Asking prices for British residential property slipped slightly more than usual after last month's vote to leave the European Union, though the overall impact remains hard to judge, figures from property website Rightmove showed on Monday. BRITISH RETAIL: The number of shoppers heading to British high streets and retail centres fell at the fastest pace in more than two years in June, with the weeks around the country's vote to leave the EU hit particularly hard, a survey found. PRIVATE SECTOR SPENDING: Britain's biggest companies are beset by doubts about the future after last month's vote to leave the European Union and have slashed their investment plans, according to a survey on Monday that bodes poorly for the economy. UK PAPERS

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