UPDATE 1-UK Stocks-Factors to watch on Feb. 11

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Feb. 11
Credit: © Reuters.

(Adds news items, updates futures)

Feb 11 (Reuters) - Britain's futures .FFIc1 up 0.1% ahead of cash market open.

* SHELL: Oil major Royal Dutch Shell RDSa.L will accelerate near-term and long-term plans aimed at reducing its net carbon emissions intensity to zero by 2050, it said. ASTRAZENECA: AstraZeneca MAZN.L> forecast 2021 revenue growth after the COVID-19 vaccine developer beat analysts' estimates for fourth-quarter product sales. RELX: Relx REL.L said it planned to raise its dividend by 3% after predicting a return to pre-COVID profit trends in 2021 for its three main divisions covering science, legal and risk. ROYAL MAIL: Royal Mail RMG.L said its quarterly revenue jumped 20% on higher demand for parcels during the holiday season. TED BAKER: Ted Baker TED.L reported a 47% fall in fourth-quarter revenue, as the struggling fashion retailer's stores in Britain were shut during the latest coronavirus lockdown and due to weak demand during the Christmas season. Heathrow Airport: Heathrow Airport, Britain's busiest, said passenger numbers plunged 89% in January compared to the same month last year, and cargo volume fell 21%. COVID 19: The coronavirus variant first found in the British region of Kent is likely to sweep around the world and the battle with the virus is going to go on for at least a decade, the head of the UK's genetic surveillance programme said. G4S (CSE: G4S ): GardaWorld on Wednesday extended the buyout offer period for rival G4S GFS.L for a sixth time. SSP GROUP: SSP Group SSPG.L said on Wednesday it continued to assess the merits of raising funds. HOUSE PRICES: The boom in Britain's housing market cooled sharply in January as the country went back into coronavirus lockdown and a tax break for buyers neared its expiry, a survey showed. TRADE: Just under half of British companies that export goods have run into difficulties caused by the Brexit shift in trade terms with the European Union since the start of the year, a British Chambers of Commerce survey showed. The UK blue-chip index .FTSE closed 0.1% lower on Wednesday as a stronger pound pressured exporters, while homeware retailer Dunelm gained after resuming dividends and posting a higher first-half profit. For more on the factors affecting European stocks, please click on: LIVE/


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