UK Stocks-Factors to watch on Nov 25

Reuters

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       Nov 25 (Reuters) - Britain's FTSE 100  .FTSE  index is seen opening
lower on Friday, with futures  FFIc1  down 0.15%.
    * HOUSING: Demand for rental homes in Britain rose in October as prospective
first-time buyers put off purchases amid the surge in mortgage rates, property
website Rightmove  RMV.L  said.
    * STRIKES: Thousands of British nurses will go on strike in December for
more pay, their union said.
    * MOTOR/ HOME INSURERS: British motor and home insurers are set for
significant losses in 2022 and 2023 due to inflationary pressures and low
premium rates, according to professional services firm EY.
    * SMMT: British car production rose 7.4% in October from a year earlier, an
industry body said.
    * JUST EAT TAKEAWAY: Just Eat Takeaway NV  TKWY.AS  announced a
reorganisation of its customer service operations, which a spokesperson said
could lead to 170 job losses globally.
    * BT: BT  BT.L  said it needed to work with its competitors and the
government on a long-term solution for providing broadband for low-income
households.
    * OIL: Oil prices rose in Asia despite thin market liquidity, after a week
marked by worries about Chinese demand and haggling over a Western price cap on
Russian oil.
    * GOLD: Gold firmed en route to a weekly gain, buoyed by the dollar's
retreat on a perceived dovish tilt in the U.S. Federal Reserve's interest rate
hike strategy.
    * FTSE 100 index was subdued on Thursday as gains in miners were offset by
losses in shares trading ex-dividend, while bootmaker Dr. Martens tumbled to the
bottom of midcap index after warning of a sharp hit to profit margins.
    * UK CORPORATE DIARY:       
  Breedon Group      BREE.L     Trading update
    * For more on the factors affecting European stocks, please click on:
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    TODAY'S UK PAPERS
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 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com;))

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