December 20, 2017 / 7:31 AM / 2 months ago

UPDATE 1-UK Stocks-Factors to watch on Dec. 20

 (Adds company news and futures)
    Dec 20 (Reuters) - Britain's FTSE 100         index is seen opening down 3
points on Wednesday, according to financial bookmakers, with futures        
down 0.05 percent ahead of the cash market open.
    
    * CARILLION: Carillion          has moved the start date for new chief
executive Andrew Davies forward to Jan. 22 from April 2, the British builder
said on Wednesday.            
    * WILLIAM HILL: British bookmaker William Hill         said on Wednesday it
named Roger Devlin as its chairman designate, who will take over from Gareth
Davis in April.            
    * TESCO: Britain's competition regulator on Wednesday gave final clearance
to Tesco's          3.7 billion pound ($4.95 billion) takeover of wholesaler
Booker        , tightening the grip of the country's largest retailer on its
food market.            
    * BT: The U.K government is expected to reject telecoms provider BT's       
offer to invest up to 600 million pounds ($803.4 million) to provide faster
broadband services to remote parts of the country, the Financial Times reported
on Wednesday. (on.ft.com/2z1Te2n)
    * OIL: Oil prices inched up on Wednesday, supported by expectations of a
fall in U.S. crude inventories and by the ongoing outage of the North Sea
Forties pipeline system.             
    * GOLD: Gold prices inched higher in quiet trade on Wednesday as the dollar
held steady on expectations the U.S. government would pass the country's biggest
tax overhaul in 30 years.             
    * The UK blue chip index closed 0.1 percent higher on Tuesday, with
Anglo-South African financial services group Old Mutual leading the index after
it sold its Buxton UK wealth business for $800 million.             
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
        
    TODAY'S UK PAPERS
    > Financial Times                                
    > Other business headlines                       
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 ($1 = 0.7468 pounds)

 (Reporting by Justin George Varghese)
  
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