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UK Stocks-Factors to watch on Dec. 27

Published 27/12/2019, 07:11
© Reuters.  UK Stocks-Factors to watch on Dec. 27
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Dec 27 (Reuters) - Britain's FTSE 100 futures .FFIC1 were up 0.44% on

Friday ahead of the cash markets open.

* PHS GROUP: South Africa's Bidvest BVTJ.J said on Tuesday it would

acquire British-based hygiene service provider PHS Group PHSGR.UL for around

9.1 billion rand ($641.16 million) to expand its presence beyond its home

market. * TESCO: Allegations that a Chinese printing firm which supplies British

supermarket giant Tesco TSCO.L uses the forced labour of foreign prisoners are

"completely fabricated", Chinese state television on Tuesday cited the factory's

manager as saying. * GOLD: Gold prices rose slightly to their highest in nearly two months on

Friday, heading for their best week in more than four months, as the dollar

eased and investors hedged against risks ahead of the year-end. * OIL: Oil prices rose on Friday, hitting three-month highs after data

showed record online spending by U.S. consumers, stoking faith in the world's

no. 1 economy even before the hoped-for end to the trade war between Washington

and Beijing. * The UK blue-chip index .FTSE closed up 0.1% on Tuesday, boosted by oil

major Shell RDSa.L and a 2% rise in domestic bank Lloyds LLOY.L . For more on the factors affecting European stocks, please click on:

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TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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