January 4, 2017 / 6:29 AM / a year ago

UK Stocks-Factors to watch on Jan 4

Jan 4 (Reuters) - Britain's FTSE 100 index is seen opening up 18
points on Wednesday, according to financial bookmakers. 
    * The UK blue chip index ended 0.5 percent higher at 7,177.89 points on
Tuesday as the London Stock Exchange reopened after a long weekend. It set a
record high of 7,205.45, rising above the peak reached at the end of 2016 after
a 5.3 percent rally in December, its strongest monthly performance since July
    * NEXT: British clothing retailer Next Plc could give a formal
profit warming for its 2017 financial year in its fourth-quarter trading update,
Sky News reported, citing a source. bit.ly/2iM9FsD
    * ICAG:  British Airways cabin crew plan to hold a 48-hour strike
starting on Jan. 10, after suspending previous plans to walk out over Christmas,
trade union Unite said on Tuesday. 
    * ECB/BANKS: Proposed leveraged lending guidelines from the European Central
Bank could force riskier lending into unregulated channels and create unintended
opportunities for arbitrage as well as breed market distortion. 
    * BRITAIN INFLATION: Prices in British shops fell last month by the smallest
margin since mid-2015, in a further sign that rising costs linked to June's
Brexit vote are feeding into high street prices, an industry survey showed on
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
 Topps Tiles Plc               Q1 Trading Statement
 Next Plc                      Christmas Trading Statement Release
    > Financial Times                      
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 (Reporting by Rahul B in Bengaluru; Editing by Sunil Nair)

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