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UK Stocks-Factors to watch on May 9

ReutersMay 9, 2025 4:52 AM
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- Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.30%.

IAG: The United States said on Thursday Britain would purchase $10 billion of Boeing jets and industry sources mentioned that British Airways owner IAG ICAG.L would also buy some 30 jets from Europe's Airbus in a fleet expansion split between transatlantic rivals.

ASTRAZENECA: A federal appeals court on Thursday shut down AstraZeneca's AZN.L challenge to the U.S. government's programme that gives the Medicare health insurance plan the power to negotiate lower drug prices.

AUTOS: British car manufacturers will pay a 25% tariff on their autos after they meet their 100,000-per-year vehicle quota at the reciprocal rate of 10% under the deal outlined on Thursday, the U.S. Commerce Department said in a statement.

COMMODITIES: Gold fell after U.S. President Donald Trump announced a trade deal with the UK, metal prices in London traded in a tight range and oil prices were up slightly, after rising about 3% in the previous session.

British blue-chips closed lower on Thursday, while midcaps clocked gains as investors weighed up a trade deal between the United States and Britain, the latest in a saga of global trade developments.

UK CORPORATE DIARY:

IAG

ICAG.L

Q1 trading statement

Rightmove

RMV.L

AGM trading statement

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

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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