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UK Stocks-UK Factors to watch on June 4
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UK Stocks-UK Factors to watch on June 4
Jun 3, 2025 10:46 PM

June 4 (Reuters) - Britain's FTSE 100 index is

seen opening higher on Wednesday, with futures up 0.05%.

* TARIFFS: The United States on Tuesday announced it would

skip doubling steel and aluminum tariffs for Britain.

* DALATA HOTEL: Ireland's largest hotel group Dalata

on Tuesday rejected a 1.3 billion euro ($1.48 billion) buyout

proposal from Scandinavian property companies Pandox AB

and Eiendomsspar AS for "materially"

undervaluing it.

* TESLA: Tesla's new car sales in Britain tumbled

more than 45% from a year earlier in May, preliminary data from

research group New AutoMotive showed on Wednesday.

* TRANSPORT: British finance minister Rachel Reeves will on

Wednesday commit 15.6 billion pounds ($21.1 billion) of funds

for transport projects in cities outside London, dogged by years

of under-investment and unfulfilled promises.

* OIL: Oil prices slipped in Asian trade on Wednesday,

weighed down by concerns of increasing OPEC+ output and tariff

tension that threatens the global economic outlook, though

worries about Canadian supply provided a floor.

* GOLD: Gold prices climbed on Wednesday as uncertainty over

U.S.-China trade relations and global economic concerns boosted

safe-haven demand.

* METALS: Prices of London copper ticked down on Wednesday

as uncertainty over U.S. tariffs on the metal kept a lid on

prices.

* Britain's blue-chip stocks index ended slightly higher on

Tuesday, as defence stocks climbed after the government pledged

heavy defence spending and heavyweight energy stocks tracked

crude oil prices higher.

* UK CORPORATE DIARY:

B&M FY results

European

Value

Retail SA

WH Smith ( WHTPF ) Q3 Trading

Statement

Paragon HY results

Banking

Ninety One FY results

PLC

discoverIE FY results

Foxtons Capital

Markets

Day

* For more on the factors affecting European stocks, please

click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Nithyashree R B in Bengaluru)

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