UK Stocks-Factors to watch on Feb 1
Feb 1 (Reuters) - Britain's FTSE 100 index is seen opening up 23 points, or 0.4 percent, on Monday, according to financial bookmakers. For more on the factors affecting European stocks, please click on * The UK blue chip index closed 152 points higher on Friday at 6,083.79 points, cheered by the Bank of Japan's decision to adopt negative interest rates to boost its economy. * HSBC: Europe's largest lender is imposing a hiring and pay freeze across the bank globally in 2016, two sources familiar with the matter told Reuters. * BARCLAYS: Barclays and Credit Suisse have settled federal and state charges that they misled investors in their dark pools, with Barclays admitting it broke the law and agreeing to pay $70 million. * SAINSBURY: J Sainsbury Plc has been speaking to Home Retail Group Plc's leading shareholders and has been told by the company's largest investor that the offer must rise to at least 160p, or £1.3 billion, The Times reported. (thetim.es/1UBiwcS) * CITYSPRINT: An investment firm owned by the taxpayer-backed Lloyds Banking Group is in advanced talks to buy CitySprint, one of Britain's biggest same-day delivery companies, Sky News reported. (bit.ly/1UBj1nf) * MORRISONS: Britain's fourth-largest supermarket operator Morrisons on Sunday said it was cutting the price of more than 1,000 products, with an average drop of 19 percent across fruit and vegetable lines. * OIL: Oil prices dropped early on Monday after China and South Korea posted surprisingly weak economic data and on worries the prospect of a coordinated production cut by leading crude exporters seemed remote. * COPPER: London copper slipped on Monday after China's manufacturing growth shrank at the fastest pace in more than three years in January, underlining slowing appetite from the world's top metals consumer. * UK CORPORATE DIARY: BT Q3 results TODAY'S UK PAPERS > Financial Times > Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit topnews.session.rservices.com * BridgeStation: view story .134 For more information on Top News visit topnews.reuters.com (Reporting by Aastha Agnihotri in Bengaluru; Editing by Sunil Nair)
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