UPDATE 1-UK Stocks-Factors to watch on Aug. 6

(Adds futures, news items)

Aug 6 (Reuters) - Britain’s FTSE 100 index is seen opening 49 points lower at 6,056 on Thursday, according to financial bookmakers, with futures down 0.5% ahead of cash markets open.

* GLENCORE: Glencore said it was scrapping its dividend to focus on lowering debt as the COVID-19 pandemic forced it to book a $3.2 billion impairment charge.

* ITV: ITV, Britain’s biggest free-to-air commercial broadcaster, reported a 50% drop in adjusted earnings for the first half .

* SAVILLS: Real estate agency Savills Plc reported a 69% drop in first-half pretax profit.

* SERCO: British outsourcer Serco reported a 53% jump in first-half profit.

* AVIVA: British life, motor and home insurer Aviva said it would reduce its focus on its Asia and Europe businesses as it posted a 12% drop in first-half operating profit.

* IMPERIAL BRANDS: Cigarette maker Imperial Brands said Chief Finanical Officer Oliver Tant has decided to retire.

* PHOENIX GROUP: Insurer Phoenix Group posted an 11% rise in half-year earnings and raised its 2020 cash generation target.

* HAMMERSON: British shopping centre operator Hammerson said it planned to raise 825 million pounds ($1.08 billion) through a rights issue and disposal of its 50% stake in joint venture VIA Outlets to its partner APG.

* MEGGITT: British engineer Meggitt said its financial position and liquidity remain strong in a statement issued in response to press speculation.

* BOE: Britain’s banks hold enough capital to keep on lending and absorb the losses that are likely to arise due to the COVID-19 pandemic, the Bank of England said.

* The UK blue-chip index gained 1.1% on Wednesday with a five-month high for crude prices lifting oil majors BP and Royal Dutch Shell .

* For more on the factors affecting European stocks, please click on:


> Financial Times

> Other business headlines (Reporting by Tapanjana Rudra)