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UK Stocks-Factors to watch on Monday, Aug. 19
August 19, 2013 / 6:01 AM / 4 years ago

UK Stocks-Factors to watch on Monday, Aug. 19

LONDON, Aug 19 (Reuters) - Britain’s FTSE 100 index is seen opening around 5 points lower according to financial bookmakers. For more on the factors affecting European stocks, please click on

* The FTSE 100 closed up 16.65 points, or 0.3 percent, at 6,499.99 points, on Friday after suffering its steepest one-day percentage drop in almost two months on Thursday.

* ROYAL BANK OF SCOTLAND : W&G Investments Plc, one of three bidders vying for 315 Royal Bank of Scotland branches, said the sale could be delayed beyond the two-year schedule.

* GLENCORE XSTRATA : The miner is expected to write down the value of assets inherited from Xstrata by as much as $7 billion when it reports first-half earnings on Tuesday - the first full set of results since the takeover that created the mining giant in May.

* VODAFONE : The mobile communications firm paid millions to Britain’s tax authority as part of a settlement linked to its Irish unit, the Guardian reported on Sunday.

* AMEC : The British engineer is eyeing an 800 million pound bid for London-listed peer Kentz as the group attempts to grow its oil and gas division, according to a report on Sunday.

* ECONOMIC EVENTS:

No major economic events scheduled for the day.

* UK CORPORATE DIARY:

Amlin Interim

Bovis Homes Group H1

Clarkson H1

Kingspan Group Q2, Confcall

TODAY‘S UK PAPERS

> Financial Times

> Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit* BridgeStation: view story .134(Reporting by David Brett)

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