UK Stocks-Factors to watch on June 16
LONDON, June 16 (Reuters) - Britain's FTSE 100 was seen edging lower at the open on Tuesday, with futures on the index down 0.2 percent at 0634 GMT. For more on the factors affecting European stocks, please click on
* The UK blue chip index closed down 1.1 percent at 6,710.52 on Monday.
* BANKS - Britain looks set to be exempt from a European Union law that aims to end "too big to fail" banks by reining in trading risks, diplomatic sources said on Monday.
* FINANCIALS - The head of Britain's Financial Conduct Authority (FCA) has played down the impact of a possible exit from the European Union, telling the Wall Street Journal that the move would have little effect on the financial services sector.
* ROYAL DUTCH SHELL - A Royal Dutch Shell PLC drilling rig that will search for oil in the Arctic left its temporary base in Seattle on Monday for the trip north to Alaska as dozens of activists in kayaks tried to stop it, authorities said.
* ASHTEAD - The British industrial equipment hire group said it was confident for its medium term outlook after it posted a record high in underlying pretax profit on Tuesday, on strong demand in the United States and Britain.
* WHITBREAD - Britain's Whitbread posted a 4.3 percent rise in first quarter underlying group sales on Tuesday, helped by strong demand at its budget hotel chain Premier Inn and continued growth in its Costa Coffee business.
* ROYAL MAIL - Britain said it would review the regulation of Royal Mail after the withdrawal of rival Whistl from the direct delivery letter market left the former state-owned provider with no national competition.
* CREST NICHOLSON - The British housebuilder said on Tuesday that it would increase the number of homes its planned to build over the coming years after posting a 52 percent rise in pretax profit in the first half of its reporting year. Continuación...