UPDATE 1-UK Stocks-Factors to watch on Wednesday, Dec 12

Wed Dec 12, 2012 2:43am EST

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LONDON Dec 12 (Reuters) - Britain's FTSE 100 index is seen opening up 5-7 points, or 0.1 percent higher on Wednesday, according to financial bookmakers, underpinned by expectations for more stimulus from the Fed and hints of some progress on U.S. budget talks.

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