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UK Stocks-Factors to watch on May 12

ReutersMay 12, 2025 6:52 AM

- Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.28%.

ALPHAWAVE: Alphawave IP Group AWE.L said the UK takeover panel had extended the deadline for a takeover offer by Qualcomm QCOM.O to May 27.

IG GROUP: IG Group IGG.L said its annual results would meet or slightly exceed the upper end of the market's consensus range, as market volatility due to U.S. tariffs spurred trading.

COBALT HOLDINGS: Cobalt Holdings said it plans to raise $230 million through a global offer and potentially list its shares in the London Stock Exchange.

NATWEST: Banco Santander SAN.MC has rejected an offer of around 11 billion pounds ($14.63 billion) from NatWest NWG.L for its UK retail bank, the Financial Times reported on Friday.

HIRING: Gloom surrounds British employers' hiring after recent tax hikes and surging uncertainty in the global economy, according a Chartered Institute of Personnel and Development survey.

STANSTED AIRPORT: Stansted Airport was hit by IT problems on Sunday that left passengers stuck and caused flight delays.

OIL: Oil prices rose after both sides in U.S.-China trade talks over the weekend touted their progress.

GOLD: Gold prices slipped as U.S.-China trade talks ended on a positive note.

METALS: Prices of base metals rose on signs of progress in U.S.-China trade talks.

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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