UK Stocks-Factors to watch on May 4

Reuters2021-05-04

May 4 (Reuters) - Futures for Britain's FTSE 100 index were 0.32% higher on Tuesday.

* BP: BP Plc is preparing to bid for the rights to build wind farms off Scotland, The Times reported early on Monday.

* PROVIDENT FINANCIAL: Britain's Provident Financial Plc is closing down its doorstep lending business after 141 years, the Mail on Sunday newspaper reported.

* VODAFONE GROUP: Vodafone Group Plc and Alphabet Inc's Google Cloud entered a strategic partnership to jointly develop data services, Vodafone said on Sunday.

* TRAVEL: Britain has been urged to publish its "green" list of countries where people from England will be able to travel as soon as possible as the May 17 date for the restart of holidays nears.

* GOLD: Gold prices retreated from a more than two-month high due to an uptick in the dollar.

* OIL: Oil prices extended gains as more U.S. states eased lockdowns and the European Union sought to attract travellers.

* The UK blue-chip index closed 0.1% higher on Friday, boosted by earnings updates from AstraZeneca and Smurfit Kappa which help offset a slump in Barclays shares due to a cautious outlook despite profits beating expectations.

* UK CORPORATE DIARY:

FEN.L Frenkel Topping FY results

* For more on the factors affecting European stocks, please click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Priyanshi Mandhan in Bengaluru)

((Priyanshi.Mandhan@thomsonreuters.com; +91 9650985606;))

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2021-05-04
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