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UK Stocks-Factors to watch on May 11

ReutersMay 11, 2026 6:53 AM
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- Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.25%.

GSK: GSK GSK.L said it had entered into a strategic collaboration with Hong Kong-listed Sino Biopharmaceutical 1177.HK to accelerate the launch of its hepatitis B treatment bepirovirsen in mainland China.

COMPASS GROUP: Compass Group CPG.L raised its 2026 profit outlook , as the world's largest caterer bets on strong demand for workplace dining and new contract wins to offset rising concerns over the impact of artificial intelligence on office-based clients.

HEATHROW: Heathrow Airport said its passenger numbers fell 5% to 6.7 million in April as the Iran war disrupted travel plans, with traffic from the Middle East plunging more than 50%.

JOBS: Britain's jobs market lost momentum in April after recruiters turned more cautious about hiring as the Iran war heightened cost pressures, an industry survey showed.

OIL: Oil prices rallied, a day after President Donald Trump said Iran's response to a U.S. proposal was "unacceptable," raising supply fears as the Strait of Hormuz stayed largely closed, which kept the global market tight.

METALS: Copper prices edged higher, supported by stronger-than-expected inflation data from top consumer China and supply concerns after Freeport delayed a full recovery of its Grasberg mine in Indonesia.

GOLD: Gold prices fell, as a lack of progress in U.S.-Iran peace negotiations pushed oil prices higher, fuelling concerns that elevated inflation could keep interest rates higher for longer.

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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