UK Stocks-Factors to watch on Feb. 25
LONDON Feb 25 (Reuters) - Britain's FTSE 100 index is seen opening 10 to 12 points lower, or down 0.2 percent, on Tuesday, according to financial bookmakers.
* The UK blue chip index closed up by 0.4 percent, or 27.80 points, at 6,865.86 points on Monday, just 1.2 percent below its December 1999 record level of 6,950.60.
* London copper on Tuesday bounced from its lowest level in more than two weeks.
* DRAX GROUP: Brussels has initiated a preliminary probe into the possible breach of state aid rules by the UK in guaranteeing a 75 million pound-loan to Drax Group, operator of Britain's biggest power station, the Financial Times reported late Monday.
* BHP BILLITON : Top global miner BHP Billiton said on Tuesday it will suspend production at its Yarrie iron ore mine indefinitely as part of its drive to cut costs. Continuación...