UK Stocks-Factors to watch on Jan 27

3 minute read
Register now for FREE unlimited access to Reuters.com

Jan 27 (Reuters) - Britain's FTSE 100 (.FTSE) index is seen opening lower with futures down 1.33%.

* AO WORLD: British electricals retailer (AO.L) said it has started a strategic review of its German business, which is experiencing increased competition and rising costs, while online activity returns to pre-pandemic levels. read more

* ANGLO AMERICAN: Global miner (AAL.L) said its fourth-quarter overall production was broadly flat, helped by higher rough diamond production at De Beers that countered a 4% drop in copper output for the three months ended Dec. 31.

Register now for FREE unlimited access to Reuters.com

* EASYJET: British airline (EZJ.L) said the Omicron variant of COVID-19 was impacting its performance this quarter, but it expected to see strong demand this summer when its capacity will be near pre-pandemic levels. read more

* DIAGEO: Diageo (DGE.L), the maker of Johnnie Walker whisky and Tanqueray gin, said that first-half sales rose 15.8% as more consumers bought high-end spirits and bars increased orders as they reopened after coronavirus lockdowns. read more

* MITIE GROUP: Mitie Group (MTO.L) raised its annual profit outlook for the second time in four months, as the British outsourcer benefits from a higher number of COVID-19 contracts during the Omicron wave.

* CMA: UK's competition regulator said it was launching a probe into the country's music streaming market to check whether innovation was being suppressed and if any firms were holding excessive power. read more

* ST. JAMES'S PLACE: Wealth manager (SJP.L) said its funds under management hit a record 153.99 billion pounds ($206.76 billion) in the fourth quarter, as it brought in 2.91 billion of net inflows. read more

* DR. MARTENS: Dr. Martens (DOCS.L), the classic British boot brand, reported an 11% increase in revenue in the key Christmas quarter, boosted by a 33% jump in higher margin direct to consumer channels. read more

* IG GROUP: Online trading platform (IGG.L) reported a slower growth in half-yearly profit and said it added fewer new active clients than in the previous year, as market volatility spurred in part by the COVID-19 pandemic eased. read more

* SAGA PLC: British over-50s holidays group (SAGA.L) said it expects to swing to a profit in the 2022 fiscal year, after a pretax loss in the previous year as coronavirus restrictions disrupted its cruise operations.

* CMA: Britain's competition regulator has formally open an investigation into whether a takeover by U.S. private equity Clayton, Dubilier & Rice Holdings (CD&R) of Morrison will reduce choice for customers in the country. read more

* London's FTSE 100 rose on Wednesday with heavyweight mining, energy and banking shares leading gains before the outcome of a U.S. Federal Reserve meeting, while Playtech dropped on reports of a potential breakup. read more

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

TODAY'S UK PAPERS > Financial Times > Other business headlines

Register now for FREE unlimited access to Reuters.com
Reporting by Shanima A and Amna Karimi in Bengaluru

Our Standards: The Thomson Reuters Trust Principles.