UK Stocks-Factors to watch on July 14
July 14 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 5 points lower at 7,120 on Wednesday, according to financial bookmakers, with futures FFIc1 down 0.2%.
* ASTRAZENECA: Britain's competition regulator said it has cleared AstraZeneca's AZN.L $39 billion buyout of U.S.-based Alexion ALXN.O after it decided not to initiate a broader probe into the deal following its initial assessment.
* PROVIDENT: Britain's financial watchdog has told lender Provident PFG.L that it does not support the company's settlement plan for its doorstep lending business, Provident said citing a letter it received from the regulator.
* BOOHOO: British online fashion retailer Boohoo BOOH.L has formed a partnership with Alshaya Group to build on the presence of its Debenhams brand in the Middle East region, it said.
* DUNELM: Dunelm DNLM.L expects a higher annual pretax profit, as the British home furnishing retailer benefited from strong demand during the June-quarter following reopening of stores after coronavirus curbs were eased.
* BARRATT: Barratt Developments BDEV.L forecast 2021 profit to be marginally above the top end of market expectations, as the housing sector benefited from a tax holiday and higher demand for big homes suited to remote working.
* SSP: Snack food firm SSP Group SSPG.L said its chief executive officer, Simon Smith, plans to step down from his role at the end of 2021 to join a private equity-backed business.
* INFLATION: British inflation jumped further above the Bank of England's target in June when it hit 2.5%, its highest since August 2018 and up from 2.1% in May as the economy bounced back from coronavirus lockdowns, official data showed.
* GO-AHEAD: Go-Ahead GOG.L will withdraw diesel buses and further electrify its rail fleet as part of efforts to become carbon neutral by 2045, the British company said.
* VECTURA: British Business Minister Kwasi Kwarteng has asked officials to monitor drugmaker Vectura Group PLC's VEC.L proposed takeover by U.S. tobacco group Philip Morris International Inc PM.N , the Times newspaper reported.
* CLIMATE: Britain will ban the sale of new petrol and diesel heavy good vehicles from 2040 as part of a broader package of green initiatives aimed at achieving net zero emissions from all forms of transport ten years later.
* OIL: Oil prices fell on future demand concerns after data showed that China's first-half crude imports dropped.
* The UK blue-chip index .FTSE ended on a quiet note on Tuesday amidst weakness in travel and energy stocks as a jump in coronavirus infections raised worries about re-openings.
* For more on the factors affecting European stocks, please click on:
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Reporting by Priyanshi Mandhan in Bengaluru; editing by Vinay Dwivedi
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