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UK Stocks-Factors to watch on Jan. 25
Published at 25/01/2021 at 06:37

Jan 25 (Reuters) - Britain's FTSE 100 index is seen opening 13 points higher at 6,708 on Monday, according to financial bookmakers.

* BOOHOO: Boohoo Group Plc is set to acquire collapsed British department store group Debenhams in a cut-price deal that will result in the closure of the group's remaining department stores, the Financial Times reported on Sunday.

* ASOS: ASOS Plc has emerged as a surprise front-runner to buy the Topshop brand from the administrators of British tycoon Philip Green's Arcadia Group, Sky News reported on Saturday.

* ASTRAZENECA: AstraZeneca Plc has informed European Union officials on Friday it would cut deliveries of its COVID-19 vaccine to the bloc by 60% to 31 million doses in the first quarter of the year due to production problems, a senior official told Reuters.

* ENVIRONMENT: A group of British members of parliament said the Bank of England should stop buying bonds from businesses whose activities accelerate global warming.

* GOLD: Gold prices gained as the dollar eased and hopes that a massive economic stimulus in the world's largest economy would be passed remained intact.

* OIL: Oil prices slipped for a second straight session as renewed COVID-19 lockdowns raised fresh concerns about global fuel demand.

* The UK blue-chip index closed 0.3% lower on Friday as data showed UK business activity declined sharply in Jan due to severe curbs imposed to stem coronavirus infections, while a dip in oil and copper prices hit energy and mining stocks.

* UK CORPORATE DIARY:

SThree Plc FY results

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Priyanshi Mandhan in Bengaluru)

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