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UPDATE 1-UK Stocks-Factors to watch on Monday, July 8
July 8, 2013 / 6:36 AM / 4 years ago

UPDATE 1-UK Stocks-Factors to watch on Monday, July 8

LONDON, July 8 (Reuters) - Britain’s FTSE 100 index is seen opening around 62 to 65 points higher, or up 1 percent, on Monday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* Britain’s top share index slipped from one-month highs late in the session on Friday, finishing 46.15 points, or 0.7 percent, lower at 6,375.52.

* There is no important economic data due out in the UK or the United States on Monday.

* EURO ZONE: The euro zone must decide on Monday how to keep Greece on a lifeline but is divided over whether to delay aid payments to Athens in an attempt to force through unpopular reforms ranging from sacking public workers to selling state assets.

Portugal’s prime minister promoted the head of the junior coalition party to be his deputy on Saturday, hoping to end a political rift that threatened to bring down the government and endanger the country’s bailout.

* BP : The number of claims filed against BP Plc’s oil spill compensation fund has risen by 18 percent over the last six weeks to a total of 195,403, according to the claims website - even though payouts began almost a year ago and the fund will be accepting claims until next April.

* LLOYDS BANKING GROUP : Singapore state investor Temasek has not approached the British government about buying a 4.5 billion pound ($6.70 billion) stake in part-nationalised Lloyds Banking Group LLOY.L, industry sources told Reuters on Sunday.

Lord Davies, the former trade minister, is leading a consortium of investors to buy the majority of the government’s 39 percent stake in Lloyds, the Financial Times reported.

* ITV : ITV is looking to capitalize on the success of Scandinavian dramas such as “The Killing” as it considers a 90 million pound bid for the Helsinki-based production group Nice Entertainment Group, the Daily Telegraph reported.

* BUMI : Nat Rothschild has asked the Financial Conduct Authority to investigate whether Bumi has made false statements to the market regarding its planned $278 million (187 million pounds) “divorce” deal from Indonesia’s Bakrie family, according to the Telegraph.

* BOVIS HOMES : The housebuilder says first-half reservations jump 40 percent, sales rises 26 percent.

* HEADLAM : The European floorcoverings distributor, warned on first half and year profit, blaming poor trading in its first quarter.

* HIKMA PHARMACEUTICALS : The firm said it expects revenue to rise 17 percent in 2013, up from its previous forecast of 13 percent, boosted by strong sales of its generic antibiotic doxycycline.

* ANGL ASIAN MINING : The miner signs a copper deal to help keep gold costs down.

* SOLO OIL : The oil explorer says the award of the appraisal licence in Tanzania represents a significant step in the commercialisation of gas in the onshore ruvuma psa.

* ERUMA : The Security blinds firm Eruma calls in administrators.


> 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; Editing by Alistair Smout)

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