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UK Stocks-UK Factors to watch on June 24
Jun 24, 2025 12:20 AM

June 24 (Reuters) - Britain's FTSE 100 index is

seen opening higher on Tuesday, with futures up 0.6%.

* ASTRAZENECA ( AZN ): AstraZeneca ( AZN ) said that U.S. regulators

have approved its precision drug Datroway to treat a type of

lung cancer, adding that the drugmaker would now pay partner

Daiichi Sankyo ( DSKYF ) $45 million in milestone-related

considerations.

* SAGA: British holiday group Saga said it was

in final negotiations with NatWest ( NWG ) to offer a range of

personal banking products, as the company's annual holiday

bookings tracked ahead of last year, with booked revenue up 14%.

* STHREE: British recruiter SThree reported a

14% drop in net fees for the half-year period ended May 31.

* RIO TINTO: Australia's Rio Tinto, and

Hancock Prospecting will invest $1.61 billion to develop the

Hope Downs 2 iron ore project.

* BP: BP, Eni and TotalEnergies

have begun evacuating foreign personnel from Iraqi oilfields

where they operate, state-run Basra Oil Company said on Monday.

* IAG: IAG's Spanish airline Iberia said on Monday

it was scrapping previous plans to resume flights to Doha on

Tuesday.

* CMA: Britain's competition regulator on Tuesday said it

was proposing to designate Google with "strategic

market status" to give it greater control over how the U.S. tech

giant operates search services.

* DEFENCE: British Prime Minister Keir Starmer pledged on

Monday to boost overall defence and security spending to 5% of

economic output by 2035.

* COMMODITIES: Oil prices fell sharply to their lowest in

more than a week, most metals on the London Metals Exchange and

Shanghai Futures Exchange were rangebound, and gold prices fell

to a near two-week low on Tuesday.

* 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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