April 21, 2017 / 5:55 AM / 8 months ago

UK Stocks-Factors to watch on April 21

    April 21 (Reuters) - Britain's FTSE 100 index is seen opening up 7
points on Friday, according to financial bookmakers.
    * DIAGEO: Alcoholic drinks giant Diageo plans to cut roughly 100
jobs in Scotland, at a time when Britain's workforce is facing uncertainty over
the nation's impending exit from the European Union.
    * SHELL: Canada's federal government wants to delay the implementation of
its new methane regulations by up to three years to 2020 and expects to fully
implement it by 2023, CBC News reported on Thursday.
    * BP PLC: BP Plc is considering the sale of its stakes in three
Canadian oil sands projects, people familiar with the matter told Reuters this
week, as part of the British oil company's strategy of retreating from non-core
    * RESTAURANT GROUP: Restaurant Group Plc finance chief, Barry
Nightingale, is set to leave the company after less than a year in the role, Sky
News reported.
    * GSK: GlaxoSmithKline must pay $3 million to a woman who sued the
drug company over the death of her husband, a lawyer who committed suicide after
taking a generic version of the antidepressant Paxil, a U.S. jury said on
    * BANK OF ENGLAND: Bank of England Governor Mark Carney told bankers on
Thursday that financial regulations devised after the 2008-09 crisis cannot be
set in stone, and must be flexible enough to deal with unintended consequences
and unexpected gaps.
    * IMMIGRATION: British Prime Minister Theresa May plans to stick to her
pledge to reduce annual net migration to below 100,000 a year, she said on
Thursday, as her governing Conservatives put together their manifesto for a snap
election in June.
    * OIL: Oil traded steady on Friday, though it was set for its biggest weekly
drop in about a month over doubts that an OPEC-led production cut will restore
balance to a market that has been dogged by oversupply for more than two years.
Brent crude futures LCOc1 were at $52.99 per barrel at 0323 GMT.
    * The UK blue chip index closed 0.1 percent up, despite coming under
pressure this week after British Prime Minister Theresa May called a snap
general election, a move that sent sterling to a more than 6-month high.
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
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 (Reporting by Sanjeeban Sarkar in Bengaluru)

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