UK Stocks-Factors to watch on Sept 5
LONDON, Sept 5 (Reuters) - Britain's FTSE 100 futures contract edged down by 0.1 percent on Friday, with the cash market also set for a slightly weaker open after it hit its highest level in more than 14 years earlier this week. For more on the factors affecting European stocks, please click on
* The UK blue chip index, which briefly hit a 14-1/2 year high at 6,904.86 earlier this week, closed up by 4.39 points, or 0.1 percent, at 6,877.97 points on Thursday.
* BP : A U.S. judge has decided that BP Plc was 'grossly negligent' and 'reckless' in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly $18 billion in fines to more than $42 billion in charges the company took for the worst offshore environmental disaster in U.S. history.
* HSBC /ROYAL BANK OF SCOTLAND /ICAP : Thirteen of the world's biggest banks have been accused by an Alaska pension fund of breaking U.S. antitrust and commodities laws by rigging an interest rate benchmark used to price many financial instruments in the $710 trillion derivatives market. ICAP was also named as a defendant.
* TULLOW OIL : Energy group Tullow Oil said it had agreed to sell some Netherlands blocks assets.
* LAURA ASHLEY : Fashion company Laura Ashley posted a rise in sales.
* LOW & BONAR : Materials and manufacturing group Low & Bonar eased its profit expectations due a slowdown in its civil engineering business. Continuación...