UK Stocks-Factors to watch on Aug. 11

Aug 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.11%.

* PHOENIX: Phoenix PHNX.L posted a sharp 46% rise in first-half operating profit to 527 million pounds after taking over the Standard Life brand.

* PROVIDENT FINANCIAL: Provident Financial PFG.L reported a bigger first-half loss compared to a year earlier, due to heavy costs relating to a planned wind-down of its doorstep lending business.

* DELIVEROO: Deliveroo ROO.L said the value of orders on its platform more than doubled in the first half, with no material impact from the wider reopening of restaurants in its biggest market - Britain - in the second quarter.

* ADMIRAL: Admiral ADML.L reported a 76% surge in first-half earnings and announced a 27.1 pence special dividend after it paid out fewer claims during months of government lockdowns amid the COVID-19 pandemic.

* HEATHROW: Britain's Heathrow Airport said that passenger numbers surged in July as the government eased travel restrictions and a recovery was underway.

* AVAST: NortonLifeLock Inc NLOK.O said on Tuesday it has agreed to buy London-listed rival Avast Plc AVST.L for up to $8.6 billion in cash and shares to create a leader in consumer security software.

* BP: The Gambian government said on Tuesday BP BP.L has agreed to settle a $29.3 million outstanding commitment to drill an exploration oil well in the West African country's offshore A1 block, which the company was awarded two years ago.

* VECTURA: The takeover battle for Vectura Group VEC.L will not go to auction on Wednesday after private equity firm Carlyle CG.O declared its 958 million pounds bid as final before the deadline.

* OIL: Oil prices consolidated strong overnight gains as a bullish outlook for U.S. fuel demand outweighed concerns about mobility curbs in Asia with the spread of the highly infectious COVID-19 Delta variant.

* GOLD: Gold prices edged higher, as worries over a surge in coronavirus' Delta variant cases offset pressure from a stronger dollar and bond yields.

* Signs of improvement in British consumer spending drove the mid-cap index to a record high on Tuesday.

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


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Reporting by Shanima A in Bengaluru

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