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UK Stocks-Factors to watch on May 21

ReutersMay 21, 2025 6:51 AM

- Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.32%.

MARKS & SPENCER'S: British retailer Marks & Spencer's MKS.L said a "highly sophisticated cyber" attack would cost it about 300 million pounds in operating profit.

JD SPORTS: British sportswear retailer JD Sports JD.L posted a 2% fall in first-quarter underlying sales and warned that higher prices in its key U.S. market from President Donald Trump's tariffs could hit customer demand.

CURRYS: British electricals retailer Currys CURY.L raised its annual profit forecast for the third time this year.

STANC: Standard Chartered STAN.L is expanding its private banking team in the United Arab Emirates, it said, joining other financial institutions looking to tap into the growing market.

SSE: British utility SSE SSE.L cut its five-year investment expectations by 3 billion pounds to around 17.5 billion pounds.

SEVERN TRENT: British water utility Severn Trent SVT.L projected a doubling of adjusted earnings per share between 2025 to 2028.

REVOLUTION BEAUTY: British makeup and skin care retailer Revolution Beauty REVB.L said it was exploring a sale after it received a preliminary takeover approach.

CLOSE BROTHERS: British lender Close Brothers CBRO.L said it expects common equity tier (CET1) capital ratio to be above its medium-term target range by the end of the financial year.

ITHACA: North Sea oil and gas company Ithaca Energy ITH.L raised its full-year production forecast.

COMMODITIES: Oil prices jumped more than 1% after reports Israel is preparing a strike on Iranian nuclear facilities. Gold prices rose to their highest in more than a week. Copper prices in London rose.

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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