UK Stocks-Factors to watch on March 31

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on March 31
Credit: © Reuters.

March 31 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 2 points lower at 6,770 on Wednesday, according to financial bookmakers.

* AMIGO: Britain's High Court has given a green light to a rescue plan by Amigo AMGO.L that lets the guarantor lender cut compensation payouts to customers, the company said, a move that has drawn criticism from politicians and consumer groups. ASTRAZENECA: Germany will restrict the use of AstraZeneca's AZN.L COVID-19 vaccine to people aged 60 and over and high-priority groups, Chancellor Angela Merkel said on Tuesday. JOBS: British employers are turning much more confident about hiring staff as the country speeds ahead with its coronavirus vaccination programme, a survey showed. INFLATION: British retailers reported another big fall in the prices they charge in early March as the sector grappled with the continued closure of non-essential stores because of COVID-19 lockdown measures, a trade body said. GOLD: Gold prices inched lower as data showing a faster-than-expected growth in China's factory activity weighed on the metal's safe-haven appeal. OIL: Oil prices rose, paring overnight losses a day ahead of a meeting of OPEC and its allies, with investors betting the producers will largely agree to extend their supply curbs into May. The UK blue-chip index .FTSE closed 0.5% higher on Tuesday amid investor optimism around a vaccine-led economic recovery, while Royal Mail (LON: RMG ) climbed after announcing a one-off dividend payment. UK CORPORATE DIARY:

James Halstead JHD.L

HY results 3i Group

III.L

Trading update

* For more on the factors affecting European stocks, please click on: LIVE/

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