UK Stocks-Factors to watch on March 29
Adds news item, updates futures
March 29 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher onWednesday with futures FFIc1 up 0.1%.
* NEXT: British fashion retailer Next NXT.L reported abetter-than-expected 5.7% rise in annual profit and said its selling price inflation for the current year was set to be more benign than previously thought.Next said on Tuesday itbought struggling retailer Cath Kidston from its administrators for 8.5 million pounds.
* UK TREASURY: Britain's No. 2 Treasury official said that he does not have any immediate concerns about the execution of Switzerland's Credit Suisse rescue by UBS but will monitor the deal closely, reiterating that UK banks are "very resilient."
* AI REGULATION: Britain plans to split responsibility for governing artificial intelligence between its regulators for human rights, health and safety, and competition, rather than creating a new body dedicated to the technology.
* OIL: Crude prices rose for a third session as a halt to some exports from Iraqi Kurdistan raised concerns of tightening supplies and fears of a global banking crisis eased.
* GOLD: Gold prices dropped as easing worries over a potential bigger fallout from the global banking crisis increased appetite for riskier assets and dampened demand for the safe-haven metal.
* METALS: Copper edged down during Asian trading hours as investors remained cautious following weeks of volatility in financial markets due to turmoil in the banking sector, although fears of a full-blown crisis have eased.
* 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
Reporting by Prerna Bedi in Bengaluru
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