UK Stocks - Factors to watch on Sept 10

LONDON, Sept 10 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening 50-51 points lower on Wednesday, according to financial bookmakers, having closed 30.7 points, or 0.56 percent lower at 5,415.6 in the previous session.

U.S. stocks plunged overnight, driving the benchmark S&P 500 .SPX to its worst day in one and a half years, as concern about Lehman Brothers' LEH.N ability to raise much-needed capital reignited fears about the financial sector.

Lehman shares sank as much as 46 percent, and in a sign of severity of its predicament the U.S. investment bank brought forward the release of "key strategic initiatives" and quarterly results by a week to 1130 GMT. [ID:nN09337383]

Meanwhile, the Wall Street Journal quoted people familiar with the matter as saying Lehman is in talks with BlackRock Inc (BLK.N) to sell a package of British real estate assets. [ID:nBNG13556]

In the UK, commercial building activity posted its biggest monthly fall in at least five-and-a-half years in August and was set to continue tumbling in the autumn, a key industry survey showed. [ID:nL9442052]

British inflation has not peaked yet and could remain elevated for several months, Bank of England Deputy Governor John Gieve said in a newspaper interview published. [ID:nL9601716]

* Wall Street skids on Lehman worries, energy [ID:nN09313546]

* Nikkei down 1.2 pct after Lehman fears hit Wall St [ID:nTKG003031]

* Brent crude falls below $100nBNG13556 a barrel for 2nd day [ID:nT272289]

* Gold falls to lowest since Oct 2007 on oil, dollar [ID:nT266267]

* Yen near 13-month high vs euro, Lehman eyed [ID:nLA3361]

UK stocks to watch on Wednesday are:

BRITISH ENERGY BGY.L

EDF (EDF.PA) is expected to offer up a package of nuclear sites to rival utilities as part of its 12 billion pounds deal to take over British Energy, the Daily Mail said.

REED ELSEVIER (REL.L)