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UPDATE 1-UK Stocks-Factors to watch on Feb 23
Published at 23/02/2021 at 07:58

(Adds company news items, futures)

Feb 23 (Reuters) - Britain's FTSE 100 index is seen opening 10 points higher at 6,622 on Tuesday, according to financial bookmakers, with futures up 0.22% ahead of cash market open.

* INTERCONTINENTAL HOTELS: InterContinental Hotels signalled its pandemic-driven troubles were far from over as repeated COVID-19 restrictions and lockdowns forced the Holiday Inn-owner to cancel its final dividend and book an annual loss.

* EASYJET: EasyJet said flight bookings jumped over 300% and holidays bookings surged by more than 600% week on week, after Britain laid out plans for international travel to restart, hinting that borders could reopen from mid-May.

* G4S: G4S recommended shareholders to vote for Allied Universal's final offer that values the British firm at 3.8 billion pounds, a day after a rare auction battle with Canada's GardaWorld.

* AVIVA: Aviva has agreed the sale of its operations in France for 3.2 billion euros to newly created French insurer Aéma Groupe.

* NON-STANDARD FINANCE: Non-Standard Finance said it needs to raise new capital to stave off future covenant breaches and to address material uncertainties about its going concern status.

* FRASERS: Frasers said it will book a non-cash impairment charge, which could be in excess of 100 million pounds, in its 2020-21 results.

* STANDARD LIFE ABERDEEN: Phoenix Group is to take on the Standard Life brand from Standard Life Aberdeen as the pair simplify their partnership arrangement.

* HSBC: HSBC Holdings PLC abandoned its long-term profitability target, and unveiled a revised strategy focussed mainly on wealth management in Asia and the Middle East after posting a sharp drop in annual profit.

* COVID-19: British finance minister Rishi Sunak said he would set out more details of job support measures at his budget next week, after official figures showed unemployment had risen to its highest since early 2016.

* ECONOMY: Britain's unemployment rate rose to 5.1% in the last three months of 2020, official data showed.

* GOLD: Gold climbed bolstered by a weaker dollar and a retreat in U.S. Treasury yields.

* OIL: Oil prices jumped by more than $1, underpinned by optimism over COVID-19 vaccine rollouts and lower output as U.S. supplies were slow to return after a deep freeze in Texas shut in crude production last week.

* The UK blue-chip index closed 0.2% lower on Monday, but recovered from early lows as British Prime Minister Boris Johnson set out a phased plan to end England's COVID-19 lockdown.

* 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;))