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

Reuters

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 (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
households.
    * 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:
 LIVE/     
    TODAY'S UK PAPERS
    > Financial Times                       PRESS/FT 
    > Other business headlines              PRESS/GB 
 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com;))

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