UPDATE 1-UK Stocks-Factors to watch on July 1

UPDATE 1-UK Stocks-Factors to watch on July 1

Reuters  | Jul 01, 2020 14:50

UPDATE 1-UK Stocks-Factors to watch on July 1

(Adds futures, news items)
July 1 (Reuters) - Britain's FTSE 100 index .FTSE is seen
opening lower on Wednesday, with futures FFIc1 down 0.4% ahead
of cash market open.

* HOUSE PRICES: Britain's house prices fell in annual terms
for the first time since 2012 in June as the country reeled from
the coronavirus shock to the economy, mortgage lender Nationwide
said. * HAMMERSON: Mall operator Hammerson HMSO.L said it has
collected just 16% of rents due in the UK during the third
quarter at June-end. * SSP: British travel food group SSP SSPG.L said it could
cut about 5,000 jobs, seeking to restructure and simplify its UK
business due to very low passenger numbers even as
coronavirus-led restrictions ease. * SAINSBURY'S: Sainsbury 's SBRY.L said underlying retail
sales rose 8.2% year-on-year in its first quarter to June 27,
driven by the country being on coronavirus lockdown for all of
the period. * CORONAVIRUS: A British employers group demanded immediate
action from finance minister Rishi Sunak after a record
deterioration in business in the April-June period. * RYANAIR: Ryanair RYA.I expects to fly more than 4.5
million passengers in July as it returns to a more regular
schedule with 40% of its usual capacity for the peak summer
* SHELL: Royal Dutch Shell RDSa.L said on Tuesday it has
agreed to buy renewable gas, known as biomethane, from Denmark's
Nature Energy, in what the smaller company termed the largest
deal of its kind. * OIL: Oil prices rose more than 1% after data showed crude
inventories in the United States fell much more than expected.
* London's FTSE 100 fell on Tuesday after data showing
Britain's economy shrank by the most since 1979 in the first
three months of the year. * For more on the factors affecting European stocks, please
click on: LIVE/
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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