UK Stocks-Factors to watch on Nov 7

Nov 7 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.19%.

UK BUDGET: British finance minister Rachel Reeves has told the country's budget watchdog that a rise in personal taxation is among the "major measures" she is preparing to announce in her budget, The Times reported on Thursday, confirming previous reports.

ITV: Sky News-owner Comcast CMCSA.O is in talks to buy British broadcaster ITV's ITV.L media and entertainment unit, Bloomberg News reported on Thursday, citing people with knowledge of the matter.

OIL: Oil edged up on Friday following three days of declines on worries about excess supply and slowing demand in the U.S., though prices are set for a second weekly loss.

METALS: Copper was set for a weekly loss on Friday, as the market pared overextended gains over the past few weeks that were supported by supply worries.

GOLD: Gold rose on Friday as the dollar slid after U.S. private-sector job reports signalled weakness in the country's labour market and lifted expectations of another U.S. interest rate cut, while a prolonged government shutdown also boosted safe-haven demand.

FTSE 100: London's main stock indexes pulled back on Thursday as the pound strengthened following the Bank of England's decision to keep interest rates steady ahead of the government's budget, while investors also digested a flurry of corporate earnings.

UK CORPORATE DIARY:

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