UPDATE 1-UK Stocks-Factors to watch on Thursday Jan. 15
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LONDON Jan 15 (Reuters) - Britain's FTSE 100 index is seen opening up 54 to 62 points, or 1 percent higher on Thursday, according to financial bookmakers. For more on the factors affecting European stocks, please click on
* The UK blue chip index closed 2.4 percent lower on Wednesday at 6,388.46, with a plunge in metals prices due to global growth concerns prompting jittery investors to exit mining stocks.
* TULLOW OIL - Africa-focused oil and gas explorer Tullow Oil has written off $2.3 billion in relation to exploration work and some of its assets in 2014 and reduced its 2015 investment programme for a second time, the company said on Thursday.
* ROYAL BANK OF SCOTLAND - British finance minister George Osborne said he would need to decide quickly about a sale of the government's stake in the bailed-out Royal Bank of Scotland after May's election, adding he hoped to be able to recover taxpayers' money.
* ASSOCIATED BRITISH FOOD - Associated British Foods said on Thursday it expects a marginal decline in earnings for its 2014-15 year, with growth in its Primark discount fashion chain offset by weakness in its sugar business. Continuación...