UPDATE 1-UK Stocks-Factors to watch on Feb. 5

Reuters · 02/05/2021 07:54
UPDATE 1-UK Stocks-Factors to watch on Feb. 5

Adds futures and news items

- Britain's FTSE 100 .FTSE index is seen opening 3 points lower at 6,501 on Friday, according to financial bookmakers, with futures .FFIc1 up 0.05% ahead of cash market open.


* BEAZLEY: Beazley BEZG.L swung to a loss in 2020 as it was hit hard by pandemic-related claims for cancelled or postponed events, but said it was confident of returning to profit in 2021.nL8N2KB1MS

* SIGNATURE AVIATION: The former owner of London's Gatwick Airport has joined forces with Blackstone and Bill Gates' Cascade to bid for Signature Aviation SIGSI.L in an offer valuing the private jet services firm at $4.73 billion, the companies said.nL4N2KB28C

* FRENCH CONNECTION: Struggling British fashion retailer French Connection FCCN.L said it has received two takeover approaches.nL8N2KB1M9

* ASTRAZENECA: AstraZeneca AZN.L said its cancer drug Imfinzi did not meet the main goal of improving overall survival in a trial.nL4N2KB252

* ENERGY: Energy prices for millions of Britons will likely rise from April after the energy regulator said it would increase its cap on the most widely used tariffs by around 9.2%.nL1N2KB0HZ

* COVID-19: Britain's hotel quarantine policy for travellers arriving from COVID-19 hot spots will start on Feb. 15, the government announced on Thursday.nL8N2KA7DG

* GOLD: Gold inched up, recovering from a more than two-month low hit in the previous session.nL1N2KB03T

* OIL: Oil prices climbed to their highest levels in a year, extending a run of strong gains on signs of economic growth in the United States and a continued commitment by producers to hold back crude supply.nL1N2KB097

* The UK blue-chip index .FTSE closed 0.1% lower on Thursday, dragged down by Unilever Plc ULVR.L and Royal Dutch Shell RDSa.L over disappointing sales goals and a slump in profit.nL4N2KA28A


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

TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB


(Reporting by Priyanshi Mandhan in Bengaluru)

((Priyanshi.Mandhan@thomsonreuters.com; +91 9650985606;))