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UK Stocks-Factors to watch on Nov 7
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UK Stocks-Factors to watch on Nov 7
Nov 6, 2025 9:27 PM

Nov 7 (Reuters) - Britain's FTSE 100 index is

seen opening lower on Friday, with futures down 0.19%.

* UK BUDGET: British finance minister Rachel Reeves has told

the country's budget watchdog that a rise in personal taxation

is among the "major measures" she is preparing to announce in

her budget, The Times reported on Thursday, confirming previous

reports.

* ITV: Sky News-owner Comcast ( CMCSA ) is in talks to buy

British broadcaster ITV's media and entertainment unit,

Bloomberg News reported on Thursday, citing people with

knowledge of the matter.

* OIL: Oil edged up on Friday following three days of

declines on worries about excess supply and slowing demand in

the U.S., though prices are set for a second weekly loss.

* METALS: Copper was set for a weekly loss on Friday, as the

market pared overextended gains over the past few weeks that

were supported by supply worries.

* GOLD: Gold rose on Friday as the dollar slid after U.S.

private-sector job reports signalled weakness in the country's

labour market and lifted expectations of another U.S. interest

rate cut, while a prolonged government shutdown also boosted

safe-haven demand.

* FTSE 100: London's main stock indexes pulled back on

Thursday as the pound strengthened following the Bank of

England's decision to keep interest rates steady ahead of the

government's budget, while investors also digested a flurry of

corporate earnings.

* UK CORPORATE DIARY:

IAG Q3

Results

* For more on the factors affecting European stocks, please

click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Compiled by Tuhina in Bengaluru)

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