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UK Stocks-Factors to watch on May 12
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UK Stocks-Factors to watch on May 12
May 26, 2025 5:37 AM

May 12 (Reuters) - Britain's FTSE 100 index is

seen opening higher on Monday, with futures up 0.28%.

* ALPHAWAVE: Alphawave IP Group ( AWEVF ) said the UK

takeover panel had extended the deadline for a takeover offer by

Qualcomm ( QCOM ) to May 27.

* IG GROUP ( IGGRF ): IG Group ( IGGRF ) said its annual results

would meet or slightly exceed the upper end of the market's

consensus range, as market volatility due to U.S. tariffs

spurred trading.

* COBALT HOLDINGS: Cobalt Holdings said it plans to

raise $230 million through a global offer and potentially list

its shares in the London Stock Exchange.

* NATWEST ( NWG ): Banco Santander has rejected an offer of

around 11 billion pounds ($14.63 billion) from NatWest ( NWG )

for its UK retail bank, the Financial Times reported on Friday.

* HIRING: Gloom surrounds British employers' hiring after

recent tax hikes and surging uncertainty in the global economy,

according a Chartered Institute of Personnel and Development

survey.

* STANSTED AIRPORT: Stansted Airport was hit by IT problems

on Sunday that left passengers stuck and caused flight delays.

* OIL: Oil prices rose after both sides in U.S.-China trade

talks over the weekend touted their progress.

* GOLD: Gold prices slipped as U.S.-China trade talks ended

on a positive note.

* METALS: Prices of base metals rose on signs of progress in

U.S.-China trade talks.

* For more on the factors affecting European stocks, please

click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Compiled by Simone Lobo in Bengaluru)

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