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

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UPDATE 1-UK Stocks-Factors to watch on March 14
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March 14 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 16 points, or 0.3 percent higher, on Monday, according to financial bookmakers, with futures FFIc1 up 0.05 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 103.09 points at 6,139.79 on Friday, as banking stocks rallied on the back of the European Central Bank's plan for ultra cheap four-year TLTRO loans to lenders. BP: BP Plc BP.L does not have to face U.S. lawsuits by energy and drilling companies over losses they suffered from an offshore drilling ban imposed soon after the 2010 Gulf of Mexico oil spill, a federal judge ruled. DARTY: Books and music retailer Fnac FNAC.PA is seeking partners to stay in the race for electrical goods retailer Darty Plc DRTY.L , a French newspaper said on Sunday. ROYAL BANK OF SCOTLAND: Royal Bank of Scotland RBS.L is cutting 550 jobs and scaling back its in-person advice service, marking yet another move to rein in costs, even as more customers turn to digital "robo-advisers", the Financial Times reported. TESCO: Tesco TSCO.L , Britain's biggest retailer, pledged on Friday to give any left-over food from its stores to charity so that by the end of 2017 nothing is thrown away. BRITISH AMERICAN TOBACCO: British American Tobacco BATS.L has signed a deal with Malian state tobacco company Sonatam to produce and distribute BAT's Dunhill International cigarettes for the West African market, Sonatam's chief told state radio on Saturday. BRADFORD & BINGLEY: Britain's finance minister George Osborne will announce plans to sell 16 billion pounds worth of bank assets which were rescued from Bradford & Bingley (B&B) during the financial crisis, Sky News said on Saturday. SSE: British utility company SSE Plc SSE.L said it had agreed to sell a 49.9 percent stake in its Clyde windfarm in South Lanarkshire to Greencoat UK Wind Plc UKWG.L and GMPF & LPFA Infrastructure LLP for 335 million pounds ($481 million). UK REFERENDUM: U.S. President Barack Obama will come to London in April and urge British voters to back continued membership of the European Union, The Independent on Sunday newspaper reported. ECONOMY: British finance minister George Osborne said on Sunday he would announce further cuts to public spending this week to protect his austerity plan from a weakening of the economy, but said they would not be drastic. UK PAPERS

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