July 29, 2016 / 5:36 AM / a year ago

UK Stocks-Factors to watch on July 29

July 29 (Reuters) - Britain's FTSE 100 index is seen opening flat
according to financial bookmakers.
    
    * The UK blue chip index closed 0.4 percent lower on Thursday at 6,721.06
points, after hitting a one-year high in the previous session, with Lloyds,
Smith & Nephew and Royal Dutch Shell falling after poorly received trading
updates. 
    * LSE/DEUTSCHE BOERSE :German exchange operator Deutsche Boerse 
is girding for an in-depth investigation by EU competition authorities of its
planned $27 billion merger with London Stock Exchange Group, it said on
Thursday. 
    * TESCO: Tesco on Friday unveiled its latest weapon in a drive to
improve its image and win share in the cut-throat British grocery market - free
fruit for children while their parents shop. 
    * ANGLO AMERICAN: Anglo American Plc has rebuffed informal
approaches by Indian mining and metals tycoon Anil Agarwal, Bloomberg reported,
citing people familiar with the matter. 
    * OIL: Oil prices on Friday remained around April lows as slowing economic
growth threatened to worsen ongoing oversupply of crude and refined products.
 
    * BREXIT: Shockwaves from Britain's vote to leave the European Union rocked
the economy on Thursday, with thousands of jobs lost at one of the country's
biggest banks, big extra costs for Ford, and consumer confidence plunging.
 
    * BREXIT: Britain wants a bespoke model for its future ties with the
European Union, Prime Minister Theresa May said on Thursday, during a tour of
Eastern European allies aimed at securing support in negotiations on leaving the
bloc. 
    * STERLING: Sterling fell to a two-week low against the euro on Thursday,
3,000 job cuts at British bank Lloyds adding to signs of a worsening economic
outlook as investors bet the Bank of England will cut interest rates next week.
 
    * UK HOUSING: The number of new homes registered for construction in Britain
rose in the second quarter to its highest since the financial crisis as building
plans picked up before the EU referendum, an industry group said on Friday.
 
    * UK CONSUMER CONFIDENCE: British consumer morale suffered its sharpest drop
in more than 26 years after last month's decision by voters to leave the
European Union, as Britons became increasingly pessimistic about the economic
outlook. 
    * BT: BT Group Plc's Chief Executive Gavin Patterson has said EU
regulations mean it cannot be forced to break up with Openreach, the broadband
network it controls, as it unveiled a boost in sales and profits, the Telegraph
reported. bit.ly/2auBrY8
    * RYANAIR: Ryanair Holdings Plc has announced plans to make it
mandatory for adults travelling with children under 12 to buy reserved seating,
Sky News reported. bit.ly/2auB8wg
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
    
    * UK CORPORATE DIARY:
             
 Paragon Group of Companies             Q3 2016 Trading Statement
 Plc                                    
 Fidelity European Values               Half Year 2016 Earnings
 PLC                                    
 Koovs PLC                              Full Year 2016 Earnings
 IMI PLC                                Half Year 2016 Earnings
 Berendsen PLC                          Half Year 2016 Earnings
 Centaur Media PLC                      Half Year 2016 Earnings
 Foxtons Group PLC                      Half Year 2016 Earnings
 UBM PLC                                Half Year 2016 Earnings
 Barclays PLC                           Half Year 2016 Earnings
 Pearson PLC                            Half Year 2016 Earnings
 Reckitt Benckiser Group PLC            Half Year 2016 Earnings
 Essentra PLC                           Half Year 2016 Earnings
 Vesuvius PLC                           Half Year 2016 Earnings
 Indivior PLC                           Half Year 2016 Earnings
 
    TODAY'S UK PAPERS
    > Financial Times                      
    > Other business headlines             
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 * For Top News : topnews.reuters.com

 (Reporting by Pranav Kiran in Bengaluru)

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