UK Stocks-Factors to watch on Dec 8



Dec 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 9 points lower on Wednesday, with futures FFIc1 down 0.2% according to financial bookmakers.

* MAN GROUP: Man Group EMG.L announces that it intends to buy back shares up to a value of $250 million.

* SSP: Upper Crust owner SSP Group SSPG.L reported a bigger annual loss due to pandemic restrictions.

* TAYLOR WIMPEY: Taylor Wimpey TW.L Chief Executive Officer Pete Redfern will step down from his role after spending more than 14 years at the helm, the British homebuilder said.

* CENTAMIN: Miner Centamin CEY.L said a review into the Sukari mine, its single commercially producing gold mine in Egypt, showed its largest reserve growth in a decade.

* STAGECOACH: Stagecoach SGC.L reported a jump in first-half profit, boosted by lifting of curbs and reopening of educational institutes and workplaces, although passenger numbers still trailed 2019 levels.

* BERKELEY: Berkeley Group BKGH.L raised its annual profit outlook after sales recovered to pre-pandemic levels as strong demand in an under-supplied UK housing market helped the British homebuilder post higher interim profit.

* CLINIGEN: Britain's Clinigen Group CLINC.L has agreed to a buyout by UK-based private-equity firm Triton Investment Management in a deal that values the pharmaceutical services firm at about 1.2 billion pounds, the companies said.

* WOODSIDE-BHP MERGER: Woodside Petroleum WPL.AX is confident that its shareholders will vote in favour of the planned merger with BHP Group's BHP.AX petroleum arm in 2022, its chief executive said.

* EU RULES: Uber UBER.N , Deliveroo ROO.L and other online platform companies may have to reclassify some of their workers as employees under draft European Union rules meant to boost their social rights, according to an EU document seen by Reuters.

* BP: Oil and gas major BP Plc BP.L said it had bought U.S. electric vehicle charging provider AMPLY Power for an undisclosed sum, stepping up efforts to cut emissions and focus on cleaner energy.

* OIL: Oil prices edged lower, reversing gains from earlier the week, as investors tried to assess the full impact of the Omicron coronavirus variant on global fuel demand and the effectiveness of existing vaccines.

* UK's FTSE 100 rose to a three-week highs on Tuesday, boosted by mining stocks and positive earnings outlooks, with global markets taking relief from receding concerns about the Omicron variant of the coronavirus.

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting By Amna Karimi in Bengaluru)

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.