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UPDATE 1-UK Stocks-Factors to watch on March 22

Thu, 22nd Mar 2018 07:43

March 22 (Reuters) - Britain's FTSE 100 index is seen opening 22points lower on Thursday, according to financial bookmakers, with futuresdown 0.4 pct ahead of the cash market open.

* LAMPRELL: British oil rig builder Lamprell said on Wednesday itexpects lower revenue this year and posted a core loss for 2017, hurt by lowerspending by oil explorers and losses at a windfarm project.

* TED BAKER: British fashion retailer Ted Baker on Thursday reporteda 12.2 percent rise in its annual pretax profit as online sales surged.

* IG GROUP: IG Group Holdings Plc, a British online financialtrading company, reported a 30.2 percent rise in third-quarter revenue, as agrowing client base continued to help offset the impact of quiet markets andtighter regulation.

* STOBART/FLYBE: British infrastructure and support services firm StobartGroup scrapped plans to try to buy Flybe Group, saying thestruggling UK-based regional carrier had already rejected a bid and it did notwant to make a higher offer.

* BANK OF ENGLAND: Britain's central bank is likely to keep on course onThursday for an interest rate rise in May which would take borrowing costs abovetheir emergency levels for the first time since the financial crisis more than adecade ago.

* RECKITT BENCKISER: British consumer goods maker Reckitt Benckiser Groupsaid on Wednesday it had ended discussions with Pfizer Inc overbuying its consumer healthcare business, a day before the U.S. drug company wasexpecting binding offers for the unit.

* PETROFAC: Petrofac Chief Executive Officer Ayman Asfari has acquired 10million pounds ($14 million) of shares in the oilfield services company, aregulatory filing shows.

* INTERSERVE: British construction and services company Interservesaid on Wednesday it reached an agreement in principle with its creditors whichwill secure its funding.

* BRITAIN WAGE GROWTH: British workers' overall pay rose at the fastest pacein more than two years during the three months to January, bolstering thechances that the Bank of England will raise borrowing costs in May.

* EX-DIVS: British American Tobacco, Randgold Resources,Schroders, Segro and Sky will trade withoutentitlement to their latest dividend pay-out on Thursday, trimming 6.02 pointsoff the FTSE 100 according to Reuters calculations

* The UK blue chip index closed 0.3 percent lower at 7,038.97 on Wednesday.

* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

TODAY'S UK PAPERS

> Financial Times

> Other business headlinesMultimedia versions of Reuters Top News are now available for:* 3000 Xtra : visit http://topnews.session.rservices.com* For Top News : http://topnews.reuters.com(Reporting by Radhika Rukmangadhan in Bengaluru)

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23 Mar 2018 16:55

UPDATE 1-Rising trade tensions sends FTSE 100 lower

* FTSE 100 down 0.4 pct at close * Indivior tumbles 6 pct after patent litigation loss * GSK up after exits Pfizer consumer health bid * Asia-exposed at -

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23 Mar 2018 09:55

Escalating trade aggression sends FTSE 100 spiraling

(For a live blog on European stocks, type LIVE/ in an Eikon news window) * FTSE 100 down 1 pct * Indivior tumbles 5 pct after patent litigation loss * Smiths Group down 11 GSK

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21 Mar 2018 18:15

Interserve Reaches Milestone On GBP291.6 Million Financing Agreement

LONDON (Alliance News) - Interserve PLC said on Wednesday that it reached an agreement with lenders and other financial stakeholders on major commercial terms as well as the a

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21 Mar 2018 17:18

British outsourcer Interserve agrees new funding deal

March 21 (Reuters) - British construction and services company Interserve said on Wednesday it reached an agreement in principle with its creditors which will secure which warned in October that a

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6 Feb 2017 07:49

Interserve wins £65m contract with Network Rail

(ShareCast News) - Support services and construction group Interserve has won a new five-year facilities management contract with Network Rail worth £65m. Interserve will deliver facilities services such as waste management, landscaping, pest control, adverse weather management and washroom services

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11 Jan 2017 08:59

Interserve trading in line, on track for FY

(ShareCast News) - Support services and construction group Interserve said trading in the year to the end of December was in line with its previous guidance and expectations for the full year are unchanged. The company expects strong international construction and equipment services results will bro

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15 Nov 2016 14:30

Interserve gets termination notice on Glasgow energy project

(ShareCast News) - International support services and construction group Interserve has been served notice of the termination on its Glasgow Recycling & Renewable Energy project by Viridor. The company said it is now "assessing the implications of this development" with its legal advisers and will i

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15 Nov 2016 13:09

Interserve Receives Termination Notice For Glasgow Energy Project

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14 Nov 2016 09:11

Interserve wins FM contract with six government departments

(ShareCast News) - Interserve, an international support services and construction group, has secured a £40m, five-year facilities management account with six central government departments. The account, known as the 'Affiliate cluster' covers the Cabinet Office, the department for International Deve

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14 Nov 2016 08:04

Interserve Wins GBP40 Million UK Government Facilities Management Deal

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10 Oct 2016 08:08

UPDATE 1-Interserve to keep equipment services unit after review

(Adds analyst comment, details, background, share movement) By Esha Vaish Oct 10 (Reuters) - Support services and construction company Interserve Plc has decided to keep its RMD Kwikform business after a strategic review because it brings the firm more international exposure. In

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10 Oct 2016 07:41

Interserve to keep equipment services business

(ShareCast News) - Support services and construction group Interserve has decided to keep its equipment services business RMDK following a strategic review kicked off in February. Interserve concluded that it remains the best owner of RMDK and that retaining it as a core part of the group with an up

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27 Sep 2016 10:17

Interserve wins place on Department of Health construction framework

(ShareCast News) - Support services and construction group Interserve has won a place on the Department of Health's £4bn ProCure22 (P22) construction framework, due to start next month. The award continues Interserve's 14-year role on UK health frameworks, through which it has delivered more than £1

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27 Sep 2016 07:09

Interserve Wins Place On GBP4.0 Billion Department Of Health Framework

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