UPDATE 1-UK Stocks-Factors to watch on Tuesday June 24
(Adds futures price, company news items)
EDINBURGH, June 24 (Reuters) - Britain's FTSE 100 index is set to open higher on Tuesday, with futures on the index firming 0.2 percent ahead of the cash market open. For more on the factors affecting European stocks, please click on
* The UK blue chip index ended down by 0.4 percent, or 24.64 points, at 6,800.56 points on Monday, led down by housebuilders and leaving it some 2 percent below a December 1999 record high of 6,950.60 points.
* BHP BILLITON - The global miner is planning to cut more jobs at its flagship Australian iron ore division as it seeks to reduce costs, following a slump in iron prices.
* PETROFAC - The British oil and gas services group maintained its profit outlook on Tuesday, adding that its order backlog stood at a record $20.1 billion at the end of May after seeing a large increase in orders this year.