UK Stocks-Factors to watch on Jan 27

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Jan 27
Credit: © Reuters.

Jan 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 18 points lower at 6,636 on Wednesday, according to financial bookmakers.

* G4S (CSE: G4S ): Allied Universal said it had extended the time for G4S GFS.L shareholders to accept its offer to buy the British security services firm. ASTRAZENECA: AstraZeneca AZN.L Chief Executive Pascal Soriot said it is working with Oxford University on a vaccine that will target the South African COVID-19 variant. In another statement, he also said the European Union's late decision to strike a contract with the drugmaker to supply COVID-19 vaccines, months after Britain, meant the company did not have enough time to iron out glitches in setting up production lines with external partners. AIRLINES: The bosses of airlines including British Airways, Virgin Atlantic and easyJet (LON: EZJ ) criticised a possible plan for mandatory quarantine in hotels for some or all arrivals to Britain and called for a support package. INFLATION: British retailers reported the biggest annual fall in prices since May this month, adding to signs of pressure on the sector since non-essential stores had to close to the public from Jan. 5 as part of renewed COVID lockdown measures. OUTLOOK: International Monetary Fund cut Britain's growth outlook for 2021 on Tuesday due to a resurgence in coronavirus cases. GOLD: Gold prices edged lower weighed by a firmer dollar, as markets awaited the U.S. Federal Reserve's monetary policy decision and developments around a stimulus package in the world's largest economy. OIL: Oil prices climbed after industry data showed U.S. crude stockpiles fell unexpectedly last week and China, reported its lowest daily rise in COVID-19 cases, bolstering hopes of a pick-up in demand. The UK blue-chip index .FTSE closed 0.2% higher on Tuesday after AstraZeneca denied reports that its COVID-19 vaccine was less effective in the elderly population. UK CORPORATE DIARY:

Brewin Dolphin Holdings Plc

BRW.L

Trading Statement Tullow Oil Plc

TLW.L

Trading Statement Fresnillo Plc

FRES.L

Quarterly output

* For more on the factors affecting European stocks, please click on: LIVE/

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