August 8, 2017 / 5:21 AM / a year ago

UK Stocks-Factors to watch on Aug 8

    Aug 8 (Reuters) - Britain's FTSE 100 index is seen opening 16 points
lower at 7516.3 on Tuesday, according to financial spreadbetters.
    * WHITBREAD: Samhi hotels is looking to buy the Indian portfolio of
Whitbread Plc's Premier Inn business for 6 billion rupees according to media
reports in the Times of India.
    * BREXIT: A shortage of staff for British employers worsened in July, hurt
by the departure of European Union workers after last year's Brexit vote, a
group representing recruitment agencies said on Tuesday.
    * UK SALES: British retail sales grew more slowly in July, data published on
Tuesday showed, as shoppers cut back on non-essential spending and budgeted for
the higher price of food following the Brexit vote.
    * GOLD: Spot gold had risen 0.2 percent to $1,259.43 per ounce, by
0415 GMT.
    * OIL: Global benchmark Brent crude futures were down 23 cents, or
0.4 percent, at $52.14 a barrel at 0244 GMT after dipping 0.1 percent in the
previous session.
    * Britain's top share index powered ahead on Monday, helped by gains among
commodity-related firms though shares in Paddy Power Betfair slumped after its
CEO announced plans to step down. Britain's blue chip FTSE 100 index
ended the session with a gain of 0.3 percent at 7,531.94 points, outperforming a
broader decline in the pan-European STOXX 600 index.
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
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 (Reporting by Sanjeeban Sarkar in Bengaluru)
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