UK Stocks-Factors to watch on Nov 11
Adds new items, updates futures
Nov 11 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.5%.
* NATWEST: NatWestNWG.L hasbought back 1 billion pounds ($1.29 billion) worth of its own shares from Britain's government, the bank said, as it continues its exit from state ownership following its bailout in the 2008 financial crisis.
* DIRECT LINE: Britain's Direct Line Insurance GroupDLGD.L unveiled plans tocut 550 roles and reported a decline in gross premiums written in the third quarter, weighed down by its underperforming motor insurance arm.
* AQUIS EXCHANGE: Swiss stock exchange operator SIX Group said it has reached an agreement to acquire London-based Aquis Exchange PlcAQX.L in a cash offer that puts an enterprise value of 194 million pounds on the deal.
* PAY: British public-sector employers now expect to raise pay faster than their private-sector counterparts for the first time since late 2020.
* THAMES WATER: A group of Thames Water class B bondholders asked the debt-laden British utility to extend a Nov. 11 participation deadline to give sufficient time for other creditors to consider their rival funding proposal for the company, they said.
* SHELL: Shell SHEL.L said it would start redeploying personnel to its Gulf of Mexico platforms and all its mobile drilling units are returning to drill sites to re-start operations.
* OIL: Oil prices extended declines as the threat of a supply disruption from a U.S. storm eased and after China's stimulus plan disappointed investors seeking fuel demand growth in the world's No. 2 oil consumer.
* METALS: Base metals in Shanghai slipped on Monday.
* 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 Prerna Bedi and DhanushVignesh Babu in Bengaluru
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