UK Stocks-Factors to watch on May 18



May 18 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Wednesday, with futures FFIc1 up 0.08%.

* BARCLAYS: Britain's Barclays Plc BARC.L said on Wednesday it had nearly doubled its stake in Barrenjoey Capital Partners to help expand the Australia-based investment banking boutique's business.

* BRITISHVOLT: Britishvolt said on Wednesday Monaco-based Scorpio Group had made a strategic investment in the electric vehicle (EV) battery startup and the two companies will research battery power and storage options for maritime shipping.

* M&C SAATCHI: British advertising group M&C Saatchi SAA.L on Tuesday rejected a fresh 253.6 million pounds ($316.44 million) takeover offer from the acquisition vehicle of its top shareholder Vin Murria.

* TUI: Holiday group TUI TUIGn.DE , TUIT.L on Tuesday unveiled a capital increase to pay back elements of a German state bailout that it had received during the peak of the COVID-19 pandemic.

* FUEL: British business minister Kwasi Kwarteng said on Tuesday he had written to petrol retailers over concern a cut in fuel duty was not being passed on to consumers, adding he had asked the competition regulator to investigate.

* ECONOMY: Britain's worst cost of living crisis in three decades won't peak until the tail end of this year but the Bank of England will be more aggressive in raising interest rates than was thought as it battles soaring inflation, a Reuters poll found.

* UK stocks advanced on Tuesday on hopes that China would ease its COVID-19 curbs and regulatory scrutiny, although strength in the pound following an upbeat employment report capped gains for the export-oriented FTSE 100.

* UK CORPORATE DIARY: Marston's

MARS.L

HY results

Plc

Ninety One

N91.L

FY results

Plc

British

BLND.L

FY results

Land

Burberry

BRBY.L

FY results Group

Aviva Plc

AV.L

Q1 trading Update

Experian

EXPN.L

FY results

Plc

Premier

PFD.L

FY results Foods

Mitchells

MAB.L

HY results

and

Butlers

EayJet Plc

EZJ.L

HY results

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

TODAY'S UK PAPERS

> Financial Times

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Reporting by Muhammed Husain in Bengaluru

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