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UK Stocks-UK Factors to watch on March 21

ReutersMar 21, 2025 7:54 AM

- Britain's FTSE 100 .FTSE index is seen flat on Friday, with futures FFIc1 flat.

HEATHROW: Britain's Heathrow Airport said it would be closed all of Friday after a huge fire at a nearby electrical substation wiped out power.

NATIONAL GRID: Britain's National Grid NG.L said a fire at the North Hyde substation in West London has damaged equipment, leading to a loss of power supply in the area.

HSBC: HSBC HSBA.L has promoted Chito Jeyarajah as its head of investment banking in Asia.

BUDGET: Britain borrowed more than expected last month, according to official figures.

ENERGEAN: Energean ENOG.L said it was terminating its deal with Carlyle CG.O due to pending regulatory approvals in Italy and Egypt.

CMA: UK's competition regulator fined four sports broadcast and production companies about 4 million pounds ($5.2 million) for sharing sensitive information about fees for freelance workers.

FERREXPO: Ferrexpo FXPO.L said that Ukraine's tax authorities had suspended its value-added tax refund.

BOE: BOE Governor Andrew Bailey said that the central bank would have to be careful about cutting interest rates.

CONSUMER CONFIDENCE: British consumer morale ticked higher for a second month, the GfK Consumer Confidence Index showed.

BAE: The U.S. State Department has approved BAE Systems BAES.L as the principal contractor for the potential sale of advanced weapon systems to Saudi Arabia for about $100 million, the Pentagon said.

VACCINES: A panel that advises the CDC and is scheduled to review vaccines by GSK GSK.L and AstraZeneca AZN.L, will convene in April, a spokesman for the Department of Health and Human Services said.

COMMODITIES: Oil prices rose, while gold eased and copper prices dipped.

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

($1 = 0.7730 pounds)

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