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UK Stocks-Factors to watch on Dec 16



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Adds news item, updates futures

Dec 16 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening little changed on Monday, with futures FFIc1 down 0.14%.

* ENTAIN: Australia's financial crime watchdog has launched legal action against Ladbrokes owner Entain's ENT.L local unit, alleging breaches of anti-money laundering and counter-terrorism financing laws by its online betting platforms.

* ROYAL MAIL: The British government has approved Czech billionaire Daniel Kretinsky's 5.3-billion-pound ($6.69 billion) takeover of Royal Mail owner International Distribution Services IDSI.L, FT reported.

* HSBC: Australia's corporate regulator has initiated legal action against the local affiliate of HSBC HSBA.L, claiming it failed to correctly respond to about 950 reports of customers losing close to a million dollars or more.

* THAMES WATER: British utility Thames Water said it has proposed some changes to the terms of the funding at the heart of its rescue plan, with increased support from investors in its process to raise further equity.

* INEOS: China's CNOOC Ltd 600938.SS has sold its U.S. subsidiary, together with its upstream oil and gas assets in the Gulf of Mexico, to British chemicals group INEOS, according to a CNOOC statement.

* LLOYD'S OF LONDON: Lloyd's of London [RIC:RIC:SOLYD.UL] members have set up a working party to examine the commercial insurance market's plans to overhaul its conduct rules, a trade body said, following criticism of the strengthened powers in the new rules.

* UK ECONOMY: British manufacturers have reported the sharpest loss of confidence since the start of the COVID-19 pandemic in the face of higher costs including tax increases by the new government, a group representing the sector said.

* UK HOUSING: Average asking prices for newly listed houses and apartments in Britain fell by 1.7% in December, property website Rightmove said.

* UK TRADE: Britain officially became the 12th member of a trans-Pacific trade pact which includes Japan, Australia and Canada on Sunday.

* OIL: Oileases from highest in weeks, investors eye Fed rate cuts

* GOLD: Goldedges higher with spotlight on Fed meeting

* METALS: Copper edgesdown on mixed China economic data


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

TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB



($1 = 0.7917 pounds)



Reporting by Aby Jose Koilparambil and Aatrayee Chatterjee in Bengaluru

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