LONDON, Sept 25 (Reuters) - Britain’s FTSE 100 futures contract was up by 0.1 percent on Thursday, pointing to a steady start for the cash market. For more on the factors affecting European stocks, please click on
* The UK blue chip index closed up by 0.5 percent, or 30.19 points, at 6,706.27 points on Wednesday.
* BANK OF ENGLAND: The Bank of England will have to move more quickly on interest rates if it sees that wage increases are not matched by productivity gains, Deputy Governor Minouche Shafik said in an interview published on Thursday.
* BRITAIN/ISLAMIC STATE AIR STRIKES: Prime Minister David Cameron said he wanted Britain to join U.S.-led air strikes against the Islamic State militant group after the Iraqi government requested London’s help and he recalled parliament to secure its approval for military action.
* BARCLAYS : Britain’s anti-fraud agency has asked former Barclays executives to give evidence as part of an investigation into undisclosed payments the bank made to Qatari investors in 2008, the Financial Times reported, citing sources.
* ROYAL BANK OF SCOTLAND : Royal Bank of Scotland aims to sell another 25 percent stake in Citizens Financial, the Financial Times reported.
* TESCO : Pressure is building on supermarket retailer Tesco as major investor Blackrock sells shares in the company, the Daily Telegraph reported. BBC radio also reported that Tesco executives could be grilled by a British parliamentary committee of lawmakers over its overstatement of profits.
* SPORTS DIRECT /TESCO : Britain’s biggest sporting goods retailer Sports Direct said on Thursday it had entered into a put option agreement on a small stake in Tesco, betting that shares in the embattled supermarket chain will rise.
* HAMMERSON : Property group Hammerson announced a share placing to fund some shopping centre acquisitions.
* CAIRN : London-listed oil explorer Cairn Energy has sold a 10 percent stake in its North Sea Catcher and adjacent fields to Dyas UK Limited.
* DIRECT LINE : Insurer Direct Line announced the sale of its international division to Spanish company Mapfre.
* UK CAR PRODUCTION: British car production fell by more than 20 percent in August because of the timing of holidays and repairs to a major plant but output so far in 2014 remains ahead of last year, an industry body said on Thursday.
TODAY‘S UK PAPERS
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