UK Stocks-Factors to watch on December 5

Reuters
2025.12.05 08:00
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UK's FTSE 100 index is expected to open flat, with futures slightly up. British American Tobacco sold a 9% stake in ITC Hotels for $424.7 million. Ocado received a $350 million payment from Kroger. UK's housing market slowed in November. Shell's LNG Canada's Train 2 remains down. Big Yellow Group ended talks with Blackstone. UK to launch fast-track licensing for financial startups. WTI oil prices are up, gold is flat, and copper hit a record high.

(Updates futures, adds new items)

Dec 5 (Reuters) - Britain’s FTSE 100 (.FTSE) index is seen opening flat on Friday, with futures (FFIc1) up 0.04%.

  • BRITISH AMERICAN TOBACCO: British American Tobacco (BATS.L) has sold 9% stake in ITC Hotels (ITCT.NS) for 38.2 billion rupees ($424.70 million).
  • OCADO: Ocado (OCDO.L) said it received a one-off cash payment of $350 million from Kroger as the U.S. grocer decided to close three robotic warehouses and cancel a planned facility.
  • HOUSE PRICES: Britain’s housing market slowed in November in both annual and monthly terms in the run-up to the government’s budget, Halifax data showed.
  • SHELL: Shell-led (SHEL.L) LNG Canada’s second processing unit, known as Train 2, remains down nearly a month after its initial start-up, two sources told Reuters.
  • BIG YELLOW GROUP: British self-storage company Big Yellow Group (BYG.L) said there was no basis of continuing discussions with Blackstone (BX.N) on a potential deal.
  • FAST-TRACK LICENSING: Britain will launch a fast-track licensing regime for financial services startups allowing them to start running while they seek full authorisation, the finance ministry said.
  • COMMODITIES: WTI oil prices were heading for weekly gains of close to 2% in early trading on Friday, gold held flat as higher U.S. Treasury yields blunted the lift from a weaker dollar, and copper touched a record high.
  • For more on the factors affecting European stocks, please click on: (LIVE/)

TODAY’S UK PAPERS

  • Financial Times (PRESS/FT)
  • Other business headlines (PRESS/GB)
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