March 28, 2017 / 5:26 AM / 4 months ago

UK Stocks-Factors to watch on March 28

3 Min Read

    March 28 (Reuters) - Britain's FTSE 100 index is seen opening up 24
points on Tuesday, according to financial bookmakers.
    
    * TESCO: Two of Tesco Plc's biggest shareholders have called on the
supermarket group to withdraw its 3.7 billion-pound ($4.7 billion) agreed offer
for wholesaler Booker Group Plc, potentially casting doubt on the deal's
progress.
    * LLOYDS OF LONDON: Lloyds of London, the world's largest speciality
insurance market, will this week pick Brussels or Luxembourg for its planned
European Union subsidiary, after Dublin had been an early favourite, sources
say.
    * BREXIT: Qatar pledged 5 billion pounds ($6.3 billion) of investment in
Britain on Monday in a show of support for the world's fifth-largest economy
just two days before Prime Minister Theresa May triggers formal Brexit talks.

    * BRITAIN DEBT: The number of people seeking help from a leading British
debt advice service hit a record high last year, reflecting a surge in borrowing
by consumers and the financial strains on younger workers, the charity said on
Tuesday.
    * OIL: Oil prices rose on Tuesday, supported by a weak dollar, but crude
continued to be weighed down by surging U.S. production and uncertainty over
whether an OPEC-led supply cut is big enough to rebalance the market.

    * The UK blue chip FTSE 100 index closed down 0.6 percent at
7,293.50 points on Monday, after the failure of U.S. President Donald Trump to
push his healthcare reforms through Congress hit mining shares and Babcock
 fell after exiting a contract.
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
    
    * UK CORPORATE DIARY:    
 Ergomed PLC                          Full Year 2016
 Ladbrokes Coral Group                Full Year 2016
 A.G.Barr PLC                         Full Year 2016
 Moss Bros Group PLC                  Half Year 2017
 Personal Group Holdings              Full Year 2016
 Ebiquity PLC                         Full Year 2016
 Card Factory PLC                     Full Year 2016
 AA PLC                               Full Year 2017
 Carnival PLC                         Q1 2017
 Wolseley PLC                         Half Year 2017
 United Utilites                      Full Year 2016
 Gulf Marine Services                 Full Year 2016
        
    TODAY'S UK PAPERS
    > Financial Times                     
    > Other business headlines            
 Multimedia versions of Reuters Top News are now available for:
 * 3000 Xtra    : visit topnews.session.rservices.com
 * For Top News : topnews.reuters.com

 (Reporting by Siju Varghese; Editing by Sherry Jacob-Phillips)
  

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