UK Stocks-Factors to watch on Feb 8
Feb 8 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher with futures FFIc1 up 0.61% on Wednesday
* ROYAL MAIL: Royal Mail is facing a threat from LockBit, at a time when the British postal and parcel firm is grappling with the fallout of a "cyber incident" from last month.
* UNILEVER: Unilever Plc ULVR.L will build a manufacturing plant in the northern Mexican border state Nuevo Leon as part of a $400 mln investment in the country over the next three years.
* TESCO: Tesco and Lidl traded allegations of copying brands and deceiving customers at London's High Court in a dispute.
* BOE: Britons would be limited to 20,000 digital pounds ($24,000) each if the country goes ahead with a digital currency, Bank of England Deputy Governor Jon Cunliffe said.
* HSBC: Many mortgage borrowers could struggle to manage more expensive home loans this year as the cost of living crisis deepens.
* STRIKE: Civil servants have announced a new date for strike action with 100,000 members across England, Scotland and Wales planning to walk out on March 15, the PCS union said.
* UK LABOUR MARKET: Britain's labour market showed some more signs of cooling in January.
* OIL: Oil prices were little changed amid subdued movements in the dollar.
UK's FTSE 100 closed higher on Tuesday as bumper earnings from oil giant BP supported the resources-heavy index.
UK CORPORATE DIARY:
Severn Trent | SVT.L | Q3 Trading update |
Ashmore Group Plc | ASHM.L | HY Results |
Barratt Developments Plc | BDEV.L | HY Results |
PZ Cussons | PZC.L | HY Results |
Smurfit Kappa Group | SKG.I | FY Results |
* 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 Sruthi Narasimha Chari in Bengaluru
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