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UPDATE 1-UK Stocks-Factors to watch on Dec 18

Published 12/18/2020, 03:57 PM
Updated 12/18/2020, 04:00 PM
© Reuters.

(Adds company news items)
Dec 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 19
points lower at 6,532 on Friday, according to financial bookmakers, with futures
down 0.24% ahead of the cash market open.

* INTERNATIONAL CONSOLIDATED AIRLINES GROUP: International Consolidated
Airlines Group ICAG.L has agreed to buy Spanish carrier Air Europa for 500
million euros ($612.55 million) with payment to be deferred until 2026, news
website El Confidencial reported, citing unnamed sources. * MORSES CLUB: Morses Club's MCLM.L first-half profit fell 76% to 2.3
million pounds ($3.12 million), with the British sub-prime lender hit by the
impact of COVID-19, the company said. * RESTAURANT GROUP: Frankie and Benny's owner Restaurant Group RTN.L said
its first quarter of 2021 will be "extremely challenging" after tough
coronavirus restrictions were announced in large areas of England to tackle the
rising number of infections. * BARCLAYS: Barclays ' BARC.L UK director and chair Ian Cheshire is
stepping down from Jan 1 2021 to be succeed by Crawford Gillies, the bank
said. * INVESTIGATION: Britain's competition watchdog said it continues to have
serious concerns about the funeral sector and that it may revisit its
investigation when conditions surrounding the coronavirus crisis are more
stable. * The UK blue-chip index .FTSE gave up early gains to dip 0.3%, weighed
down by losses in consumer staples. The domestically focussed FTSE 250 .FTMC
gained 1% with investors believing the UK and European Union would bridge the
gaps to a post-Brexit trade deal, while advertising firm WPP jumped after an
upbeat sales forecast. For more on the factors affecting European stocks, please click on:
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