UK Stocks-Factors to watch on May 11
May 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.2%.
* HOME REIT: Investment firm Bluestar Group Ltd said that UK housing provider Home REIT HOMEH.L and its advisers have decided that they will extend the deadline for Bluestar to make a firm offer for the company.
* TESCO: The Guardian reported that John Allan, the chairman of Britain's biggest retailer Tesco TSCO.L, was facing claims of inappropriate behaviour from four women.
* PURPLEBRICKS: Britain's biggest online-only estate agency Purplebricks PURP.L granted Strike Limited an exclusive short period to a possible sale as the smaller rival said it did intend to make an offer.
* BOE: The Bank of England is poised to raise borrowing costs for the 12th meeting in a row on Thursday, as it tries to tackle stubbornly high inflation that stands at double the level of the United States and much higher than in the euro zone too.
* OIL: Oil prices bounced back on Thursday after dropping by more than a dollar a barrel the previous day, supported by stronger fuel demand data from the United States, the world's top oil consumer.
* Britain's top equity index slipped as strength in sterling weighed on dollar earners such as Unilever ahead of the Bank of England's policy decision on Thursday, when it is seen raising interest rates further.
* UK CORPORATE DIARY:
Airtel Africa | AAF.L | Final results |
Grainger Plc | GRI.L | Interim results |
TBC Bank Group | TBCG.L | Q1 results |
Rolls-Royce | RR.L | Trading statement |
IQE Plc | IQE.L | FY results |
3i Group | III.L | FY results |
John Wood Group | WG.L | trading statement |
ITV | ITV.L | trading statement |
* 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 Muhammed Husain in Bengaluru)