UPDATE 1-UK Stocks-Factors to watch on Feb 17
LONDON Feb 17 (Reuters) - Britain's FTSE 100 index is seen inching higher on Monday, with futures gaining 0.1 percent by 0727 GMT ahead of the cash market open.
* The UK blue chip index closed up 4.20 points, up 0.1 percent, at 6,663.62 points on Friday.
The FTSE 100, up nearly 4 percent from its February lows, has now recouped more than half of what it lost during the recent emerging markets sell-off. It climbed above its 50-day moving average last week, a technical signal which suggested underlying support from buyers.
* The Bank of England will only start to increase interest rates when the economy is operating at closer to full capacity, central bank governor Mark Carney said in an interview broadcast on Sunday.
Carney also said that while he was concerned about Britain's history of booms and busts in house prices, a government scheme to aid home-buyers, Help to Buy, was not currently a major factor in boosting prices.