UK Stocks-Factors to watch on May 6



May 6 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Friday, with futures FFIc1 down 0.17%.

* IHG: Intercontinental Hotels Group IHG.L signalled a sharp recovery in the hospitality sector as people gradually resume leisure and business travel after countries eased pandemic-related restrictions.

* IAG: British Airways-owner IAG ICAG.L said it had seen a strong recovery in business travel in the first quarter and it expected to be profitable from the second quarter onwards and for the full year.

* BEAZLEY: Beazley Plc BEZG.L said it had set aside about $50 million for expected losses related to the Russia-Ukraine crisis, after the British insurer reported a surge in quarterly gross written premiums.

* S4 CAPITAL: Martin Sorrell's S4 Capital SFOR.L said it expected to enjoy a good year in 2022 despite the deteriorating global economic outlook, as it published its 2021 results that were delayed by an audit hold up.

* EVRAZ: The British government said it had sanctioned Evraz, whose biggest shareholder is sanctioned billionaire Roman Abramovich, in response to Russia's invasion of Ukraine.

* MCCOLL'S: Struggling British convenience shop chain MCLSM.L said it was increasingly likely that the group would be placed into administration, a move that could put thousands of jobs at peril.

* PRIMARK: Primark has pledged to train an additional 125,000 smallholder cotton farmers in more sustainable farming methods in India, Pakistan and Bangladesh by the end of 2023.

* FTSE 100: Britain's blue-chip index closed slightly higher on Thursday, supported by strong earnings from energy major Shell and a slump in sterling after the Bank of England (BoE) warned the UK economy was at risk of a recession.

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines


Reporting by Amna Karimi in Bengaluru; Editing by Vinay Dwivedi

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