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UK Stocks-UK Factors to watch on June 6

ReutersJun 6, 2025 6:56 AM
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- Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.05%.

ROSEBANK INDUSTRIES: British investment firm Rosebank Industries ROSE.L said on Friday that it will raise about 1.14 billion pounds ($1.55 billion) to finance the acquisition of U.S.-based Electrical Components International.

CANAL+: French pay-TV broadcaster Canal+ CAN.L said on Friday it has reached an agreement with authorities in France relating to a dispute on tax on television services.

HOUSES: British house prices fell by more than expected in May, leaving values broadly flat for the year so far, figures from mortgage lender Halifax showed.

HSBC: HSBC Holdings' HSBA.L high-profile Chairman Mark Tucker will return to the insurance sector as chair of Hong Kong-based AIA Group 1299.HK.

THAMES WATER: Britain banned Thames Water and five other water companies from paying bonuses to their bosses because they had failed to tackle pollution.

ECONOMY: More upbeat business surveys and strong first-quarter GDP show the British economy is recovering from a weak end to 2024, finance minister Rachel Reeves said on Thursday.

AMAZON: Amazon AMZN.O has committed to do more to tackle fake reviews, including sanctioning British businesses that boost their ratings through bogus posts, the country's competition watchdog said.

OIL: Oil prices slipped on Friday but were on track for their first weekly gain in three weeks.

GOLD: Gold rose and was set for weekly gains.

METALS: London copper prices were on track to end the week higher.

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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