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UK Stocks-Factors to watch on November 26
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UK Stocks-Factors to watch on November 26
Nov 26, 2025 12:08 AM

Nov 26 (Reuters) - Britain's FTSE 100 index is

seen opening higher on Wednesday, with futures up 0.33%

* UK BUDGET: British finance minister Rachel Reeves is likely

to announce tens of billions of pounds of new tax increases on

Wednesday in a budget that puts her credibility on the line both

with bond investors and with lawmakers demanding more welfare

spending.

*UK INFLATION: The British public's expectations for

inflation

over the next 12 months fell to 3.7% in November, as per a

survey by YouGov for Citi.

*PETS AT HOME: Britain's Pets At Home launched a

turnaround plan for its struggling retail business on Wednesday

after half-year profit dropped by a third.

*ENERGEAN ( EERGF ): Energean ( EERGF ) on Wednesday posted a 35%

quarter-on-quarter jump in

production

in the third quarter.

* BP: BP said on Tuesday it had partially restarted the

400-mile Olympic Pipeline after crews identified the source of a

leak of refined products east of Everett, Washington.

* EVOKE: British bookmaker Evoke has appointed

bankers to assess options for the potential sale of its Italian

online business if the government imposes steep tax increases in

the upcoming budget, Sky News reported on Tuesday.

* OIL: Oil prices climbed though an expected supply glut and a

potential Russia-Ukraine peace deal capped gains.

* COPPER : Copper rose as soft U.S. data boosted expectations of

a December Federal Reserve interest rate cut.

* GOLD: Gold touched a near two-week high after U.S. economic

data bolstered expectations of an interest rate cut by the

Federal Reserve.

* For more on the factors affecting European stocks, please

click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Compiled by Tuhina and Neeshita Beura in Bengaluru)

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