UPDATE 1-UK Stocks-Factors to watch on Nov 25


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 news items, updates futures)
       Nov 25 (Reuters) - Britain's FTSE 100  .FTSE  index is seen opening
lower on Friday, with futures  FFIc1  down 0.07%.
    * SSE: British power generator and network operator SSE  SSE.L  said it had
reached an agreement to sell a 25% stake in its power transmission network
business, SSEN Transmission, to Ontario Teachers' Pension Plan Board for 1.47
billion pounds.
        * OFGEM: British energy regulator Ofgem has launched 
    new reform proposals
     to better protect consumers and to ensure energy suppliers are more
resilient to market shocks.
        * CONVICTION LIFE: Diagnostics and pharmaceutical services technologies
investor Conviction Life has filed for an 
    initial public offering
     to trade on the main market of the London Stock Exchange.
    * 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
    * OIL: Oil prices rose in Asia despite thin market liquidity. 
    * GOLD: Gold prices steadied en route to a weekly gain. 
    * For more on the factors affecting European stocks, please click on:
    > Financial Times                       PRESS/FT 
    > Other business headlines              PRESS/GB 
 (Reporting by Prerna Bedi in Bengaluru)

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