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UK Stocks-Factors to watch on Oct. 13
Published at 13/10/2021 at 06:25

Oct 13 (Reuters) - Britain's FTSE 100 index is seen opening flat on Wednesday, according to financial bookmakers.

* NATWEST: British lender Natwest said it planned to increase lending linked to sustainable and climate-related finance to 100 billion pounds ($136 billion) by 2025.

* STANDARD CHARTERED: Standard Chartered Plc said it would provide $500 million in financing to help Singapore-based fintech Atome expand its buy now, pay later services in parts of Southeast Asia.

* BRITISH AMERICAN TOBACCO: The U.S. Food and Drug Administration (FDA) on Tuesday authorized e-cigarette products for the first time ever, allowing their sale by a unit of British American Tobacco Plc in the United States. Co said it will cease all operations in military-ruled Myanmar and withdraw by the end of this year.

* THG: SoftBank-backed online retailer THG lost over a third of its value on Tuesday after it held a presentation for investors that had been intended to reassure the market it could reverse a recent share price slide.

* GOLD: Gold prices held steady, helped by a slight pullback in dollar, while investors awaited U.S. inflation data to gauge the Federal Reserve's path on normalizing policy.

* OIL: Oil prices dropped, after a mixed finish in the previous session, amid worries that soaring coal and natural gas prices in China, India and Europe will stoke inflation and slow global growth, reducing oil demand.

* Miners and travel stocks pressured London's FTSE 100 index on Tuesday, with investors also worried about higher energy costs, supply chain disruptions and a looming rate hike crimping economic recovery.

* UK CORPORATE DIARY:

Marstons Trading update

Man Group Trading update

Barratt Trading update

Applied Graphene Materials FY results

Sanderson Design HY results

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting By Geetha Panchaksharam)

((geetha.panchaksharam@thomsonreuters.com))