(Adds futures, news items) Britain’s FTSE 100 index is seen opening 52 points higher at 6,148 on Monday, according to financial bookmakers, with futures up 1.2% ahead of cash markets open.
* QUIZ: British fashion retailer Quiz said it had suspended activity with a supplier following a media report that the supplier was not meeting legal minimum wage requirements at one of its factories in the English city of Leicester.
* 5G: BT CEO Philip Jansen on Monday urged the British government not to move too fast to ban China’s Huawei from the 5G network.
* PRIMARK: Primark, the fashion retailer owned by AB Foods, said it would not take advantage of a British government scheme to pay employers for bringing back staff from furlough.
* INVESTMENT: Britain will spend 705 million pounds on border infrastructure to help keep trade flowing after its transition deal with the European Union expires.
* FINANCE: British finance minister Rishi Sunak is preparing to introduce sweeping tax cuts and an overhaul of planning laws in up to 10 new “freeports” within a year of the UK’s becoming fully independent.
* ECONOMY: Britain will suffer the sharpest peak-to-trough economic slump of any major economy this year.
* VACCINE SCHEME: Britain has turned down the chance to join a 2.4 billion euro European Union plan to secure advance purchases of promising COVID-19 vaccines.
* OIL: Oil slipped nearly 1% as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts.
* The UK blue-chip index closed about 0.8% higher on Friday, propped up by a rebound in heavyweight financial stocks.
* For more on the factors affecting European stocks, please click on:
TODAY’S UK PAPERS
> Financial Times
> Other business headlines (Reporting by Tapanjana Rudra)
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