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UK Stocks-Factors to watch on Jan 22

ReutersJan 22, 2025 5:45 AM

- Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.12%

* RIO TINTO: Rio Tinto RIO.L is betting that U.S. President Donald Trump will finally give the green light to its giant copper mine in Arizona, the Financial Times reported on Wednesday.

* BARCLAYS: Barclays' BARC.L global head of securitised products Scott Eichel is leaving, the bank's spokesperson said on Tuesday.

* CMA: The chair of the UK Competition and Markets Authority (CMA), Marcus Bokkerink, has stepped down from his post, the competition regulator said.

* FINANCE MINISTER: Britain's deputy finance minister Darren Jones said the government would conduct the first zero-based review of spending in 17 years.

* NAO: At least 49 billion pounds of maintenance work at schools, hospitals and prisons in Britain has yet to be carried out, a spending watchdog said on Wednesday, highlighting the real world impact of squeezed public finances.

* OIL: Oil prices were little changed as markets weighed U.S. President Donald Trump's declaration of a national energy emergency on his first day in office and its impact on supply.

* GOLD: Gold prices climbed to a fresh 11-week peak, boosted by safe-haven demand amid uncertainty surrounding U.S. President Donald Trump's trade policies and a softer dollar.

* METALS: Most base metals fell as uncertainty persisted over U.S. President Donald Trump's plans for tariffs.

* UK CORPORATE DIARY:

JD Wetherspoon

JDW.L

trading update

easyJet

EZJ.L

results

Quilter

QLT.L

trading update

Hochschild Mining

HOCM.L

production update

Intermediate Capital Group

ICGIN.L

trading update

Herald Investment

HRI.L

general meeting

* 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

(Reporting by DhanushVignesh Babu in Bengaluru)

((DhanushVignesh.Babu@thomsonreuters.com;))

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