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UK Stocks-Factors to watch on May 6

ReutersMay 6, 2025 6:37 AM

- Britain's FTSE 100 .FTSE index is seen higher on Tuesday, with futures FFIc1 up 0.22%.

DELIVEROO: DoorDash DASH.O will buy British meal delivery firm Deliveroo ROO.L for 2.9 billion pounds ($3.85 billion), the companies said, as a part of the U.S. online delivery platform's plans to expand into international markets.

ASSOCIATED BRITISH FOODS: Associated British Foods ABF.L said it was in talks with private equity firm Endless LLP, owner of British bakery Hovis, about a potential deal for its Allied Bakeries business.

IWG: Office space provider IWG IWG.L posted a 2% rise in first-quarter system-wide revenue on Tuesday and affirmed its annual forecast, saying its core activities were not directly impacted by trade tariffs imposed by U.S. President Donald Trump.

ALPHA GROUP INTERNATIONAL: British financial services provider Alpha Group International ALPH.L said it had rejected an all-cash proposal from U.S.-based business payments firm Corpay CPAY.N.

SHELL: Shell SHEL.L is evaluating a potential acquisition of BP BP.L , Bloomberg News reported on Saturday citing people familiar with the matter.

ANGLO AMERICAN: Peabody Energy BTU.N said if issues involving Anglo American's AAL.L Moranbah North mine were not resolved, it may elect to terminate its pending deal.

CO-OP: Co-op Group 42TE.L said on Friday hackers had accessed and extracted customer data from one of its systems.

CYBERSECURITY: The British government will next week warn all UK companies to treat cyber security as an "absolute priority" in the wake of attacks on retailers.

COMMODITIES: Oil prices rebounded over 1% and gold prices rose to a two-week high on concerns over U.S. President Donald Trump's tariff plans, while copper prices edged higher on signs of U.S.-China trade.

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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