UK Stocks-Factors to watch on November 26

Nov 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.33%

UK BUDGET: British finance minister Rachel Reeves is likely to announce tens of billions of pounds of new tax increases on Wednesday in a budget that puts her credibility on the line both with bond investors and with lawmakers demanding more welfare spending.

*UK INFLATION: The British public's expectations for inflation over the next 12 months fell to 3.7% in November, as per a survey by YouGov for Citi.

*PETS AT HOME: Britain's Pets At Home PETSP.L launched a turnaround plan for its struggling retail business on Wednesday after half-year profit dropped by a third.

*ENERGEAN: Energean ENOG.L on Wednesday posted a 35% quarter-on-quarter jump in production in the third quarter.

BP: BP BP.L said on Tuesday it had partially restarted the 400-mile Olympic Pipeline after crews identified the source of a leak of refined products east of Everett, Washington.

EVOKE: British bookmaker Evoke EVOK.L has appointed bankers to assess options for the potential sale of its Italian online business if the government imposes steep tax increases in the upcoming budget, Sky News reported on Tuesday.

OIL: Oil prices climbed though an expected supply glut and a potential Russia-Ukraine peace deal capped gains.

COPPER : Copper rose as soft U.S. data boosted expectations of a December Federal Reserve interest rate cut.

GOLD: Gold touched a near two-week high after U.S. economic data bolstered expectations of an interest rate cut by the Federal Reserve.

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TODAY'S UK PAPERS
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