LONDON, Nov 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening
32 to 34 points higher on Monday, on track to snap a four-session losing streak,
bolstered by rising metals prices.

Financial bookmakers expected the UK blue chip index to gain as much as 0.7
percent on opening, after it ended down 0.3 percent at 5,251.41 on Friday, the
lowest close since Nov 10. The index is still up 52 percent from a March low.

In the absence of any UK data on Monday, investors' attention will be drawn
across the Atlantic, with U.S. existing home sales data for October scheduled
for release.

According to a Reuters poll of 29 economists, sales of previously owned
homes are expected to climb to a seasonally adjusted annual rate of 5.70
million, the fastest pace since 5.73 million units were sold in July 2007 and up
from 5.57 million units in September.

Later in the week, the focus will fall on the second estimate for UK GDP
during the third-quarter period of 2009 -- due on Wednesday.

The initial estimate, released in October, showed Britain's economy
contracted unexpectedly in the third quarter of this year, by 0.4 percent
quarter-on-quarter, squashing hopes of an end to the recession and instead
making the current recession the longest on record.

The leader of the opposition David Cameron and a senior government figure
are expected to outline their economic plans at the CBI conference in London on
Monday.

Pascal Lamy, director general of the World Trade Organisation, told the
Sunday Telegraph that the British government could face trade sanctions if it is
found guilty of protectionism as a result of the bank bail out. [ID:nGEE5AL0E5]

* GLOBAL MARKETS-Gold at record; resource plays boost stocks [ID:nSP471682]

* US STOCKS-Wall St dips as investors fret about recovery [ID:nN20241386]

* FOREX-Dollar turns tail as gold climbs to record [ID:nSYD322692]

* U.S. Treasuries rise on economic recovery worries [ID:nHKG293886]

* Oil tops $78 amid fresh Iran tensions [ID:nSYD484303]

* Gold strikes record on inflation, economic worries [ID:nSP479528]

* Copper defies slower China imports, focus on weak dlr [ID:nSP532811]

UK stocks to watch on Monday:

CADBURY (CBRY.L: Quote, Profile, Research)

U.S. chocolate maker Hershey (HSY.N: Quote, Profile, Research) is considering launching a bid of at
least $17 billion for the British chocolatier as it seeks to trump a hostile
offer by Kraft Foods Inc (KFT.N: Quote, Profile, Research), a source familiar with the matter said on
Friday. [ID:nN20243737]

Swiss food giant Nestle (NESN.VX: Quote, Profile, Research) may consider a bid for Cadbury to
challenge a hostile 9.9 billion pound bid by Kraft Foods and a potential move by
Hershey, Bloomberg reported on Sunday. [ID:nGEE5AL091]

Cadbury would prefer a merger with Hershey rather than Kraft Foods, the
British company's chairman Roger Carr told the Sunday Telegraph. [ID:nGEE5AL0C4]

Kraft Foods may raise its offer for Cadbury or offer more cash in its bid if
rival takeover offers emerge, a source familiar with the situation said on
Sunday. [ID:nN22239812]

RIO TINTO (RIO.L: Quote, Profile, Research)

The miner Rio Tinto expects to receive at least $741 million from the
floatation of its U.S. coal-mining unit, Cloud Peak Energy Inc (CLD.N: Quote, Profile, Research), on the
New York Stock Exchange, Rio said on Monday. [ID:nSYU009063]

BHP BILLITON (BLT.L: Quote, Profile, Research)

The miner said on Sunday it had reached a wage deal with the union of
workers who have mounted a 41-day strike at its Spence deposit in Chile, and was
now waiting for miners to vote on it. [ID:nN22224140]

BRITISH AIRWAYS (BAY.L: Quote, Profile, Research)

The airline's chief executive Willie Walsh has warned cabin crew that he
will not compromise on cost-cutting measures ahead of a strike next month, he
told the Financial Times in an interview. [ID:nN22197934]

ROYAL BANK OF SCOTLAND (RBS.L: Quote, Profile, Research)

The bank will sell $7 billion of debt in a two-part sale with the guarantee
of the UK government, IFR reported. [ID:nN20239012]

LLOYDS BANKING GROUP (LLOY.L: Quote, Profile, Research)

Lloyds Banking Group is expected to announce the terms of its 13.5 billion
pound cash call on investors this week, said the Observer.

BARCLAYS (BARC.L: Quote, Profile, Research)

Barclays has restarted talks to sell its three billion pound private equity
arm, said the Mail on Sunday.

ROYAL DUTCH SHELL (RDSa.L: Quote, Profile, Research)

The oil major is in talks to buy 10 percent of India's Essar Oil (ESRO.BO: Quote, Profile, Research)
as part of a deal where it would sell three European refineries to the Indian
firm, the Economic Times reported on Saturday, citing people with knowledge of
the plans. [ID:nBOM416496]

BAE SYSTEMS (BAES.L: Quote, Profile, Research)

BAE Systems said on Sunday it won a 3.4 million pound ($5.1 million)
contract to develop next generation warships for the Royal Navy.

BLACKS LEISURE (BSLA.L: Quote, Profile, Research)

Creditors of Blacks Leisure will meet on Monday to try to agree a company
voluntary agreement (CVA) to save the British outdoor goods company from
administration, the British Property Federation said on Sunday. [ID:nGEE5AL0FO]

ITV (ITV.L: Quote, Profile, Research)

The new chairman of ITV, Archie Norman, is likely to change ITV2, ITV3 and
ITV4 to a subscription model shortly after he assumes the position in January,
reported the Mail on Sunday.

NATIONAL EXPRESS (NEX.L: Quote, Profile, Research)

Phil White has been approached by National Express (NEX.L: Quote, Profile, Research) shareholders
about returning to run the firm, said the Sunday Times.

COMPASS (CPG.L: Quote, Profile, Research)

The reporting of Compass's full-year results this week will be boosted by
the announcement of a 100 million contract with Lloyds Banking Group, said the
Sunday Times.

MITIE GROUP (MTO.L: Quote, Profile, Research)

The maintenance specialist posts first-half results.

NORTHUMBRIAN WATER GROUP (NWG.L: Quote, Profile, Research)

The utility posts first-half results.

HYDER CONSULTING (HYC.L: Quote, Profile, Research)

The infrastructure design consultancy posts first-half results.

PHOENIX IT (PHIT.L: Quote, Profile, Research)

The computer services group posts first-half results.

RM (RM.L: Quote, Profile, Research)

The educational software and services provider posts full-year results.

PROVENTEC (PPROV.L: Quote, Profile, Research)

The steam cleaning and coatings technologies firm posts first-half results.

TODAY'S UK PAPERS

> Financial Times [PRESS/FT]

> Other business headlines [PRESS/GB]

(Reporting by Tricia Wright)
((tricia.wright1@thomsonreuters.com; +44 207 542 8114; Reuters Messaging:
tricia.wright1.reuters.com@reuters.net))