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UK Stocks-Factors to watch on July 31
Published at 31/07/2020 at 06:17

July 31 (Reuters) - Britain's FTSE 100 index is seen opening 12 point higher at 6,002 on Friday, according to financial bookmakers.

* FRC: Accounting firms continue to show too little independence when checking the books of listed companies and should show more professional scepticism when dealing with clients, Britain's audit watchdog said.

* LOCKDOWN: UK Health Secretary Matt Hancock said late on Thursday that the COVID-19 lockdown in parts of Northern England will be tightened.

* OIL: Oil prices recovered further ground, after touching three-week lows in the previous session, responding to a record decline in U.S. growth.

* GOLD: Gold rose en route to its best month in more than four years as the dollar slid further after dismal U.S. data added to doubts about a swift recovery from the pandemic-induced economic slump.

* METAL: London copper prices were on course for a fourth consecutive monthly gain, rising in early Asian trade on Friday as the dollar slipped to two-year lows.

* The UK blue-chip index ended 2.3% lower on broad-based losses on Thursday. Gloomy quarterly results from banks and a clutch of other firms saw the FTSE 100 post its worst session in five weeks.

* UK CORPORATE DIARY:

International Consolidated HY Results

Airlines Group SA

BT Group Q1 Trading Statement

British American Tobacco HY Results

Intertek Group HY Results

Paragon Banking Group Q3 Trading Statement

Pets at Home Group Q1 Trading Statement

London Stock Exchange Group HY Results

Natwest Group HY Results

Glencore HY Production Report

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Tapanjana Rudra; Editing by Vinay Dwivedi)

((Tapanjana.Rudra@thomsonreuters.com;))