UK Stocks-UK Factors to watch on June 4
June 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.03%.
B&M: Discount retailer B&M BMEB.L reported annual sales of 5.6 billion pounds ($7.57 billion) on Wednesday, falling short of expectations, as waning consumer demand and persistent inflation hampered its UK operations.
S4 CAPITAL: Martin Sorrell's ad group S4 Capital SFOR.L said on Wednesday it expects annual like-for-like net revenue to decline by low single digits, as tech clients remain cautious amid a weaker global economy and U.S. tariffs.
TARIFFS: The United States on Tuesday announced it would skip doubling steel and aluminum tariffs for Britain.
RECKITT: Britain's Reckitt RKT.L is considering new options to advance a sale of its Essential Home business, home to Air Wick fresheners and Cillit Bang cleaners, after bids came in below expectations, two people with knowledge of the process said.
DALATA HOTEL: Ireland's largest hotel group Dalata DHG.I on Tuesday rejected a 1.3 billion euro ($1.48 billion) buyout proposal from Scandinavian property companies Pandox AB PANDXb.ST and Eiendomsspar AS EISP.NFF for "materially" undervaluing it.
TRANSPORT: British finance minister Rachel Reeves will on Wednesday commit 15.6 billion pounds ($21.1 billion) of funds for transport projects in cities outside London.
OIL: Oil prices slipped in Asian trade on Wednesday, weighed down by concerns of increasing OPEC+ output and tariff tension, though worries about Canadian supply provided a floor.
GOLD: Gold prices steadied on Wednesday as a somewhat strong U.S. jobs data for April offset the lingering uncertainty over U.S.-China trade relations and global economic concerns.
METALS: Prices of London copper ticked down on Wednesday.
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