September 4, 2018 / 5:37 AM / 10 months ago

UK Stocks-Factors to watch on Sept. 4

    Sept 4 (Reuters) - Britain's FTSE 100 index is seen opening 11
points lower at 7,494 on Tuesday, according to financial bookmakers. 
    * SMITHS GROUP: ICU Medical Inc's new offer to buy British
engineering firm Smiths Group Plc's medical division for 2.8 billion
pounds ($3.60 billion) was rejected by Smiths' board, Sky News reported on
    * LLOYDS BANKING GROUP: Lloyds Banking Group Plc is looking to
restructure its commercial banking business and cut some senior management
positions in an effort to slash costs, Bloomberg reported citing sources.

    * The UK blue chip index closed up 1 percent at 7,504.60 points on Monday,
starting September on a stronger note as a weaker pound and a bounce across
commodity stocks helped British equities outperform continental peers.

    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
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