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UPDATE 1-UK Stocks-Factors to watch on April 11
Published at 11/04/2025 at 07:46

(Adds new items, updates futures)

April 11 (Reuters) - Britain's FTSE 100 index is seen opening up on Friday, with futures up 1.06%.

* BP: BP said that reported first quarter upstream production is expected to be lower compared to the previous quarter.

* SHEIN: Online fast-fashion retailer Shein has secured approval from Britain's Financial Conduct Authority (FCA) for its planned initial public offering in London, according to two sources with knowledge of the matter.

* NIOX: Niox Group said it has halted its sale process and that suitor Keensight Capital will not make a firm offer for the medical device maker due to challenging macroeconomic conditions.

* ECONOMY: Britain's economy grew at a monthly pace of

0.5% in February

, figures from the Office for National Statistics showed, well above economists' expectations in a Reuters poll for an expansion of 0.1%.

* JOBS: Britain's jobs market weakened again in March according to a survey published by the Recruitment and Employment Confederation.

* BALFOUR BEATTY: The U.S. Justice Department has decided to keep corporate monitors in place for Balfour Beatty Communities

and TD Bank , amid ongoing review, according to two people familiar with the matter.

* OIL: Oil prices fell and were set to drop for a second week on concerns of a trade war between the US and China crushing demand .

* GOLD: Gold scaled a new record peak, fuelled by a weaker dollar and an escalating trade war.

* METALS: Base metals in London traded mixed, headed for a weekly rise after U.S. President Donald Trump temporarily lowered the hefty duties for dozens of countries.

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Compiled by Simone Lobo in Bengaluru)

((Simone.Lobo@thomsonreuters.com; +919920570373;))