UK Stocks-Factors to watch on Dec 19
Adds news items, updates futures
Dec 19 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 1.07%.
* UK WATER: Britain's water regulator said it would allow bills to rise by an average of 36% over the next five years to fund a much higher level of investment than originally slated.
* THAMES WATER: British regulator Ofwat said it plans to fine Thames Water 18 million pounds ($22.67 million) for breaking dividend payment rules.
* FCA: Britain's Financial Conduct Authority has given lenders until Dec. 4, 2025 to respond to customers complaining about historic motor finance deals that included non-discretionary commission payments, the regulator said.
* UK RATE: The Bank of England looks set to hold interest rates at 4.75% on Thursday, despite signs of a slowing economy, as persistent inflation pressures limit it to a "gradual" approach towards cutting borrowing costs.
* UK ENERGY: Britain set out plans on Thursday to strengthen its energy regulator Ofgem to help facilitate the country's shift towards a decarbonised energy system by 2030 and better protect consumers against bad treatment by suppliers.
* OIL: Oil prices fell in early trading after the U.S. Federal Reserve signalled that it would slow the pace of interest rate cuts in 2025.
* GOLD: Gold prices jumped more than 1% on Thursday on short-covering after dipping to the lowest in a month earlier in the session, while the market awaited key U.S. data for further cues on the Federal Reserve's policy trajectory.
* METALS: Base metal prices declined after the Federal Reserve indicated a reduced frequency of U.S. interest rate cuts for the coming year, bolstering the dollar.
* 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
Reporting by Aby Jose Koilparambil in Bengaluru
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
