(Adds company news items and updates futures)
Feb 8 (Reuters) - Britain’s FTSE 100 futures were up 0.11 percent ahead of the cash market open on Wednesday.
* The UK blue chip index closed up 0.2 percent at 7,186.22 points on Tuesday, boosted by a weak sterling and a surge in services company DCC, while UK mid-caps posted a record closing level.
* RIO TINTO: Global miner Rio Tinto, said on Wednesday it will pay a bigger-than-expected annual dividend of $1.70 per share on the back of a strong recovery in mineral commodities markets in 2016 and cost-cutting.
Rio Tinto wants to cut its debt further, as the company looks to ensure it can withstand any volatility in global commodity markets, Chief Financial Officer Chris Lynch said.
* CO-OPERATIVE GROUP: Britain’s Co-operative Group said Richard Pennycook, its CEO who played a key role in steering the group through a 2013 crisis, is to step down on March 1 and be succeeded by Steve Murrells, the current boss of the group’s food business.
* SHIRE: The U.S. Federal Trade Commission filed a complaint against Shire ViroPharma on Tuesday, accusing it of abusing government processes in order to fend off generic competition to its antibiotic Vancocin HCI, the agency said in a statement.
* HARGREAVES LANSDOWN: Investment firm Hargreaves Lansdown said pretax profit rose 21 percent year-on-year in the six months to the end of December, helped by strong equities trading after Britain’s vote to leave the European Union.
* TULLOW: Africa-focused Tullow Oil reported a loss for a third consecutive year in 2016 after it was forced to write off further exploration costs, the company said on Wednesday.
* BHP: Workers are set to strike on Thursday at BHP Billiton Plc’s Escondida copper mine after contract talks mediated by the Chilean government failed to reach a deal, the main union at the world’s largest copper mine told Reuters.
* DUNELM GROUP: British homewares retailer Dunelm Group Plc raised its interim dividend by 8.3 percent after reporting a rise in half-year sales boosted by strong performance of its online business.
* TESCO BANK: British banking executives and security experts are growing frustrated at the dearth of information available more than three months after 2.5 million pounds ($3.09 million) was stolen from Tesco Bank in the UK’s biggest financial cyber heist. The bank is owned by supermarket chain Tesco Plc .
* BRITAIN ECONOMY: British employers struggled to find the staff they needed in January, forcing them to increase starting salaries for permanent staff at the fastest pace in nine months, a survey showed on Wednesday.
* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
TODAY‘S UK PAPERS
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> 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 Rahul in Bengaluru; Editing by Amrutha Gayathri)