UPDATE 1-UK Stocks-Factors to watch on June 30

Reuters

Warning: This material has been prepared by a third party company, Reuters, which is independent of Davy. Davy has not reviewed the material and accepts no responsibility for errors or omissions, or for the information or opinions contained therein. It does not constitute investment advice.

 (Adds futures, news items)
    June 30 (Reuters) - Britain's FTSE 100  .FTSE  index is seen opening lower
on Tuesday, with futures  FFIc1  down 0.23% ahead of cash markets open.

    * SHELL: Royal Dutch Shell  RDSa.L  said it will write down the value of its
assets by up to $22 billion after lowering its long-term outlook on oil and gas
prices. urn:newsml:reuters.com:*:nL8N2E713H
    * STANDARD LIFE ABERDEEN: British asset manager Standard Life Aberdeen
 SLA.L  said that Keith Skeoch would step down as chief executive and be
replaced by former Citi executive Stephen Bird. urn:newsml:reuters.com:*:nFWN2E618B
    * ON THE BEACH: Holiday package provider On The Beach Group  OTB.L  posted a
first-half loss hit by cancellations due to the coronavirus crisis. urn:newsml:reuters.com:*:nL4N2E71PD
    * CINEWORLD: Cineworld Group  CINE.L  said it would reopen its cinemas in
the United States and Britain from Friday 31st July. urn:newsml:reuters.com:*:nASN0008QI
    * REDROW: British homebuilder Redrow  RDW.L  said it expects its turnover to
drop more than a third this year. urn:newsml:reuters.com:*:nL4N2E71SD
    * INTERCONTINENTAL HOTELS: InterContinental Hotels Group Plc  IHG.L  posted
a 76% slump in average room revenue in May due to coronavirus
lockdowns. urn:newsml:reuters.com:*:nL4N2E71RK
    * GDP: Britain's economy shrank by the most since 1979 in early 2020,
according to figures on Tuesday that included the first few days of the
coronavirus lockdown. urn:newsml:reuters.com:*:nL8N2E714Z
    * ECONOMY: Britain's current account deficit widened by more than expected
in the first three months of 2020, official data showed.  urn:newsml:reuters.com:*:nL9N2CP02B
    * OIL: Oil prices slipped as traders took profits after sharp gains in the
previous session and Libya's state oil company flagged progress on talks to
resume exports. urn:newsml:reuters.com:*:nL4N2E70N6
    * The UK blue-chip index  .FTSE  closed 1.3% higher on Monday, boosted by a
weakening pound and a global rally in equities powered by hopes of more
stimulus. urn:newsml:reuters.com:*:nL4N2E63A7
    * 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 Tapanjana Rudra; editing by Uttaresh.V)
 ((Tapanjana.Rudra@thomsonreuters.com;))

Warning: This content may be provided by regulated and unregulated entities and is not created, reviewed or endorsed by Davy. It is provided for general information purposes only and does not constitute a recommendation or solicitation to purchase or sell any security or make any other type of investment or investment decision. Importantly, it does not constitute investment advice, as it does not contemplate the personal circumstances of any particular person or group of persons. Neither Davy nor the providers of the Third Party Content will be liable for any investment decision made based on the reliance on or use of such data, or any liability that may arise due to delays or interruptions in the delivery of the Third Party Content for any reason.