UK Stocks-Factors to watch on Monday April 20

lunes 20 de abril de 2015 01:52 GYT

LONDON, April 20 (Reuters) - Britain's FTSE 100 index is seen opening up 35 to 36 points, or 0.5 percent higher on Monday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* Britain's FTSE 100 .FTSE fell 0.9 percent to 6,994.63 on Friday, leaving the index down 1.3 percent for the week.

* CHINA - China's central bank on Sunday cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, adding more liquidity to the world's second-biggest economy to help spur bank lending and combat slowing growth.

* TESCO - The world's third biggest retailer said big businesses could be driven from Britain by the uncertainty surrounding a referendum on European Union membership, which the governing Conservatives have promised to hold if re-elected.

* LLOYDS - British finance minister George Osborne said on Sunday that he intends to sell billions of pounds of government shares in Lloyds Banking Group to small investors if his Conservative Party wins the May 7 election.   Continuación...