UK Stocks-Factors to watch on Aug 5



Aug 5 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Friday, with futures FFIc1 up 0.1%.

* LSEG: The London Stock Exchange Group LSEG.L launched a 750 million pound ($910.65 million) share buy-back.

* TULLOW OIL: Tullow Oil TLW.L said it would abandon drilling operations at Beebei-Potaro exploration well in offshore Guyana.

* WPP: WPP WPP.L upgraded its full-year net sales outlook.

* PETS AT HOME: Pets At Home PETSP.L posted a 7.1% rise in first-quarter revenue.

* HARGREAVES LANSDOWN: Hargreaves Lansdown HRGV.L reported a fall in assets under management as investors moved away from riskier assets.

* PENDRAGON: Pendragon PDG.L said potential bidder withdrew interest as one of the five major shareholder did not engage in talks.

* HOUSING: House prices in Britain fell for the first time in more than a year in July, figures from mortgage lender Halifax showed.

* BOE: The Bank of England raised interest rates by the most in 27 years on Thursday in an attempt to smother surging inflation on track to top 13%, even as it warned a long recession is coming.

* SUN LIFE: Sun Life Financial's SLF.TO shares jumped on Thursday after reporting a better-than-expected second-quarter profit.

* STRIKE: British trade union Unite said on Thursday its members at Network Rail, which owns and maintains train infrastructure, would join other rail unions in striking on Aug. 18 and 20.

* ARRIVAL: British electric vehicle start-up Arrival SA ARVL.O is delaying trials of its bus and car projects to cut costs and focus on the production of its debut van, the Financial Times reported.

* The FTSE 100 stock index was little changed on Thursday.

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines


Reporting by Muhammed Husain and Prerna Bedi in Bengaluru

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