UPDATE 1-UK Stocks-Factors to watch on May 26


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)
       May 26 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening higher on Friday, with futures  FFIc1  up 0.16%.
        * ASTRAZENECA: AstraZeneca  AZN.L  said a combination of
its cancer drugs Imfinzi and Lynparza when added to chemotherapy
     results in a late-stage trial in patients with advanced or
recurrent endometrial cancer.
        * RETAIL: British retail sales 
     by more than expected last month and volumes over the three
months to April grew by the most since mid-2021, according to
official figures that showed resilience in consumer spending
despite the surge in inflation.
    * SHELL: A Shell Plc  SHEL.L  unit said on Thursday it will
begin oil deliveries on the Houston to Nederland portion of its
Zydeco pipeline on Friday, a month after a spill forced the line
    * ASDA: The owners of supermarket Asda and petrol stations
company EG Group will announce a 10 billion-pound ($12.6
billion) merger of their operations in Britain as early as
Friday, Sky News reported on Thursday.
    * HEATHROW: Britain's Heathrow Airport said on Thursday that
British Airways is working to resolve a technical issue with a
number of its systems, which has impacted several departing and
arriving flights.
    * LGIM: Britain's biggest asset manager, Legal & General
Investment Management, said it was hard to take a long-term view
on British government bonds given a lack of clear narrative on
UK inflation and interest rates.
    * UK shares extended losses on Thursday, hit by concerns
about further monetary tightening by the Bank of England, while
lower oil prices pulled down energy stocks. 

    * For more on the factors affecting European stocks, please
click on:  LIVE/     
    > Financial Times                       PRESS/FT 
    > Other business headlines              PRESS/GB 

 (Reporting by Muhammed Husain in Bengaluru; Editing by Shailesh

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.