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UK Stocks-UK Factors to watch on June 6
Jun 5, 2025 10:44 PM

June 6 (Reuters) - Britain's FTSE 100 index is

seen opening lower on Friday, with futures down 0.1%.

* HSBC ( HSBC ): HSBC Holdings' ( HSBC ) high-profile Chairman Mark

Tucker will return to the insurance sector as chair of Hong

Kong-based AIA Group ( AAIGF ).

* THAMES WATER: Britain banned Thames Water and five other

water companies from paying bonuses to their bosses because they

had failed to tackle pollution.

* ECONOMY: More upbeat business surveys and strong

first-quarter GDP show the British economy is recovering from a

weak end to 2024, finance minister Rachel Reeves said on

Thursday.

* FCA: Britain's financial watchdog has joined forces with

foreign regulators to crack down on people who promote financial

products on social media without authorisation, and will make

650 requests for platforms to remove content, it said.

* AMAZON ( AMZN ): Amazon ( AMZN ) has committed to do more to tackle

fake reviews, including sanctioning British businesses that

boost their ratings through bogus posts, the country's

competition watchdog said.

* OIL: Oil prices slipped on Friday but were on track for

their first weekly gain in three weeks.

* GOLD: Gold rose and was set for weekly gains.

* METALS: London copper prices were on track to end the week

higher.

* FTSE 100: The UK blue-chip index closed a shade

higher on Thursday, with mining stocks leading gains.

* 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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