Latest News

UK News

Click Here to read UK News

Forex News

Click Here to read Forex News

Market News

Click Here to read Market News

Irish News
UPDATE 1-UK Stocks-Factors to watch on April 22
Published at 22/04/2021 at 07:52

(Add news items)

April 22(Reuters) - Britain's FTSE 100 index is seen opening higher on Thursday, with futures up 0.5%.

* TAYLOR WIMPEY: Homebuilder Taylor Wimpey forecast sustained demand as the sector benefits from a lower interest rate environment and additional budget support measures announced last month.

* ASTRAZENECA: The European Commission is preparing to launch legal proceedings against vaccine maker AstraZeneca, Politico reported late Wednesday.

* RENTOKIL INITIAL: Rentokil Initial reported a rise in quarterly revenue, as enhanced hygiene practices during the COVID-19 pandemic boosted demand for the company's disinfection services.

* DOMINO'S PIZZA: Domino's Pizza Group reported higher first-quarter sales as repeated coronavirus-led lockdowns pushed up pizza delivery orders.

* INFORMA: Informa said it expects trade shows and events to gradually return in the second half of the year as vaccination campaigns roll out.

* RELX: Relx forecast that its three biggest divisions would help drive growth in underlying revenue and adjusted operating profit in 2021.

* IBSTOCK: Ibstock said that it plans to spend 60 million pounds to ramp up brick capacity in two of its sites.

* HSBC: Climate activists shattered at least 19 windows at HSBC's headquarters in London's Canary Wharf, a Reuters reporter said.

* BOE: The Bank of England said it plans to open a "northern hub" in England, as part of a drive to make the central bank less London-centric.

* WHITBREAD: Premier Inn-owner Whitbread pledged to attain net zero carbon emissions by 2040, a decade ahead of its prior commitment, as it speeds up its programme to reduce the usage of gas, install solar panels and move to an electric vehicle fleet.

* AGGREKO: Aggreko's 2.3 billion pound takeover by private equity firms is in doubt because its biggest shareholder, Liontrust Asset Management, plans to oppose the deal, Sky News reported on Wednesday.

* RYANAIR: Ryanair expects a very strong profit recovery in the year to March 31, 2023, and at best a breakeven performance over the next 12 months with traffic already starting to recover, Group Chief Executive Michael O'Leary said on Wednesday.

* OIL: Oil prices fell for a third day as a surprise build in U.S. crude inventories and a resurgence of COVID-19 cases in India and Japan raised concerns that a recovery in global economy and fuel demand may slow.

* London's FTSE 100 rose on Wednesday, led by gains in AstraZeneca and energy heavyweights BP and Royal Dutch Shell, while Just Eat dropped following Uber Eats' plan to foray into the German market.

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


> Financial Times

> Other business headlines

(Reporting by Shanima A in Bengaluru; Editing by Shailesh Kuber)

((; (Within UK +44 20 7542 1810; Outside UK+91 80 6182 2587; Direct: +91 77 6034 7399 );))