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UK Stocks-Factors to watch on July 23
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UK Stocks-Factors to watch on July 23
Jul 23, 2025 12:10 AM

July 23 (Reuters) - Britain's FTSE 100 index is

seen opening higher on Wednesday, with futures up 0.4%.

* JD WETHERSPOON: British pub group J D Wetherspoon ( JDWPF )

reported a 5.1% rise in like-for-like sales for the 12 weeks to

July 20 on Wednesday, attributing the growth to higher footfall

at its pubs and stronger demand for drinks thanks to good

weather.

* FRC: Britain's accounting watchdog said on Wednesday that

it is investigating Deloitte LLP's audits of commodities trader

Glencore ( GLCNF ) and one of its divisions for the financial

years ended December 2013 through December 2020.

* SHAWBROOK BANK: The private equity owners of Shawbrook

Bank are moving forward with plans for the 2 billion pounds

($2.71 billion) initial public offering in London this year, the

Financial Times reported on Wednesday.

* PRUDENTIAL: Prudential has kicked off the search

for a successor to chair Shriti Vadera, the Financial Times

reported on Wednesday, citing people familiar with the matter.

* SHELL: A subsidiary of Kuwait Foreign Petroleum

Exploration Company (KUFPEC) announced on Tuesday a final

investment decision with Shell Egypt to develop gas

exploration at Egypt's Mina West field, Kuwaiti state news

agency reported.

* PD PORTS: Zara founder Amancio Ortega's investment vehicle

Pontegadea Inversiones has agreed to acquire a 49% stake in PD

Ports from Brookfield Asset Management ( BAM ), the British

ports and logistics company said on Tuesday.

* COMMODITIES: Oil prices edged up in Asian trade, gold

eased, and most-traded metals on the Shanghai Futures Exchange

rose on Wednesday.

* For more on the factors affecting European stocks, please

click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Compiled by Nithyashree R B in Bengaluru)

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