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UK Stocks-Factors to watch on April 4

ReutersApr 4, 2025 6:50 AM

- Britain's FTSE 100 .FTSE index is seen opening down on Friday, with futures FFIc1 down 0.19%.

TRADE: The UK is engaged in discussions with the United States to strike an economic deal, British Foreign Minister David Lammy said.

BP: BP BP.L said Chair Helge Lund intends to step down "likely during 2026" and the process to pick his successor has started.

CMA: UK's competition regulator said the remedies offered by aerospace equipment manufacturer Safran SAF.PA could resolve competition concerns relating to its acquisition of a part of Collins.

CARS: New car registrations in the UK rose more than 10% in March, preliminary industry data showed.

RIO TINTO: An Australian mining union said it secured key pecuniary benefit from Rio Tinto RIO.AX, RIO.L and BHP Group BHP.AX for workers in the Pilbara region.

SHELL: Shell SHEL.L said it was selling its interest in Colonial Enterprises to a Brookfield BIP.N subsidiary, for $1.45 billion.

GSK: GSK GSK.L and Pfizer PFE.N agreed to resolve a lawsuit that alleged Pfizer's RSV vaccine violated the patent rights to GSK's RSV shot, according to a filing in Delaware federal court.

GLENCORE: Glencore GLEN.L said that it has approached both Queensland's and the Federal Government of Australia about its Mount Isa copper smelter and Townville copper refinery assets.

OIL: Oil prices fell over 1%, on track for the worst week in months, over tariffs potentially weighing on oil demand.

GOLD: Gold prices fell as investors reassessed risk outlook in the wake of tariff measures.

METALS: Copper prices in London fell, set for weekly losses after tariffs, dampened the global demand outlook for metals.

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

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