UK Stocks-Factors to watch on May 24

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on May 24
Credit: © Reuters.

May 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 14 points higher at 7,245 on Friday, according to financial bookmakers.

* GSK: British drugmaker GlaxoSmithKline GSK.L said on Thursday it will reintroduce incentive payments for sales representatives in some countries to retain talent after stopping them for years in the wake of scandals over illegal sales practices. GSK: GlaxoSmithKline Plc GSK.L said on Thursday its shingles vaccine had been approved for use in China in adults aged 50 and above. THOMAS COOK: Thomas Cook TCG.L has received a takeover approach for its Nordic operations from private equity group Triton, the tour operator said on Thursday, adding that it was considering the unsolicited offer but talks were at a preliminary stage. ICAG: British Airways will resume flights to Pakistan next week a decade after it suspended operations following a major hotel bombing, becoming the first Western airline to restart flights to the South Asian country. ITV: British broadcaster ITV ITV.L has signed a new four-year deal with the English Football Association (FA) that will make FA Cup matches entirely free-to-air to viewers from the 2021-22 season. The UK blue chip index lost 1.4% on Thursday as heightened concerns over the course of Brexit and mounting pressure on Prime Minister Theresa May to step down weighed heavily on Britain's mid-cap index and domestically-focused blue-chip stocks on Thursday. For more on the factors affecting European stocks, please click on: LIVE/


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