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UK Stocks-Factors to watch on July 2

ReutersJul 2, 2025 7:01 AM

- Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.3%.

GREGGS: Greggs GRG.L said its annual operating profit could be modestly below last year's levels, as unusually high temperatures in the UK discouraged customers from eating out.

SECURE TRUST BANK: Secure Trust Bank STBS.L said it would stop new lending in vehicle finance and expects the move to help improve its return on average equity over time.

SPECTRIS: Spectris SXS.L has accepted an improved takeover offer from KKR KKR.N valuing it at about 4.7 billion pounds ($6.46 billion), including debt, the companies said on Wednesday.

SHELL: Shell SHEL.L said it would update its 2023 and 2024 form 20-Fs filed with the U.S. Securities and Exchange Commission due to auditor EY's non-compliance with the regulator's audit partner rotation rules.

ASTRAZENECA: AstraZeneca AZN.L is considering moving its stock market listing from London, where it is the exchange's most valuable company, to the United States, the Times reported on Tuesday, citing multiple sources.

OIL: Oil futures were little changed on Wednesday as markets weighed expectations of more supply from major producers next month, a softer U.S. dollar, and a mixed bag of economic and market indicators from the U.S., the world's largest oil consumer.

GOLD: Gold prices steadied on Wednesday as investors awaited U.S. payroll data and assessed Federal Reserve Chair Jerome Powell's cautious stance on rate cuts, while a weaker dollar helped support greenback-priced bullion.

METALS: Copper rose on the London Metal Exchange and Shanghai Futures Exchange on Wednesday.

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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