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UK Stocks-Factors to watch on June 2

ReutersJun 2, 2025 5:15 AM

- Britain's FTSE 100 .FTSE index is seen opening up on Monday, with futures FFIc1 0.1% higher.

NATWEST: NatWest NWG.L has returned to full private ownership after a 45 billion-pound ($60.59 billion) state rescue at the height of the 2008 financial crisis, ending a costly, taxpayer-funded government investment that reshaped the lender and industry.

HSBC: Europe's biggest bank HSBC HSBA.L will inject $4 billion into its private credit funds, amid a wider push by banks into the booming market as profits from traditional lending have come under pressure.

HSBC: HSBC HSBA.L is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle East markets.

ASTRAZENECA: Treating breast cancer patients with AstraZeneca's AZN.L experimental pill camizestrant at the first sign of resistance to standard therapies cut the risk of disease progression or death by half, a finding that could be practice changing, experts said on Sunday.

OIL: Oil prices rebounded more than $1 a barrel on Monday after producer group OPEC+ decided to increase output in July by the same amount as it did in each of the prior two months, which came as a relief to those who expected a bigger increase.

GOLD: Gold prices climbed as an escalation in the Russian war in Ukraine and U.S. President Donald Trump's fresh threat to double tariffs on imported steel and aluminum prompted investors to seek refuge in safe-haven bullion.

FTSE 100: The UK blue-chip index .FTSE was up 0.6% on Friday, but trimmed initial gains after U.S. President Donald Trump accused China of violating a tariff agreement, while investors assessed U.S. consumer spending data.

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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