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UPDATE 1-UK Stocks-Factors to watch on Aug. 3

Published 03/08/2020, 07:49
Updated 03/08/2020, 07:54

(Adds futures, news items)
Aug 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 23 points
higher at 5,921 on Monday, according to financial bookmakers, with futures
FFIc1 down 0.3% ahead of cash markets open.

* SENIOR: British aerospace supplier Senior Plc SNR.L swung to a loss in
the first half of 2020 and shelved its interim dividend as costs rose and its
sales were hammered by coronavirus-driven cuts across the air industry and other
manufacturing partners. * HISCOX: Lloyd's of London insurer Hiscox HSX.L swung to a first-half
loss, as it set aside $232 million for claims stemming from the coronavirus
crisis. * HAMMERSON: British mall operator Hammerson HMSO.L said it was in
advanced talks to sell its 50% stake in joint venture VIA Outlets to its partner
APG and was considering a rights issue to raise cash. * TUI: Holiday company TUI TUIT.L said it had agreed with BOC Aviation a
sale and leaseback deal for five new Boeing 737 MAX-8 aircraft, raising $226
million to help boost its finances. * METRO BANK: Metro Bank has agreed to buy peer-to-peer lender RateSetter
for an initial payment of 2.5 million pounds ($3.27 million). * NON-STANDARD FINANCE: Non-Standard Finance PLC NSF.L said that the
Financial Conduct Authority (FCA) had raised a number of concerns about its
guarantor loans division. * HSBC: HSBC Holdings PLC HSBA.L warned its bad debt charges could blow
past a previous estimate to $13 billion this year and said its profits more than
halved. * OIL: Oil prices fell on oversupply concerns as OPEC and its allies wind
back production cuts in August and a rise in worldwide COVID-19 cases points to
a slower pick-up in fuel demand. * The UK blue-chip index .FTSE ended down 1.5% on Friday, after Britain
postponed the easing of a coronavirus-induced lockdown as cases surged, raising
fears that a nascent economic recovery may reverse. For more on the factors affecting European stocks, please click on:
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> Other business headlines PRESS/GB

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