UK Stocks-Factors to watch on Mar 31

martes 31 de marzo de 2015 02:34 GYT

(Adds futures, company news)

LONDON, March 31 (Reuters) - Britain's FTSE 100 index was indicated to edge lower on Tuesday, with June futures on the index down 0.2 percent at 0733 GMT. For more on the factors affecting European stocks, please click on

* The UK blue chip index finished 0.5 percent higher at 6,891.43 points on Monday, taking its rise so far this quarter to 5 percent and setting it on track for its biggest quarterly gain in two years.

* British consumer morale rose to its highest in nearly 13 years, beating economists' forecasts as households became more upbeat about the economic outlook and more willing to spend, a survey from researchers GfK showed on Tuesday.

* RBS - Rory Cullinan, head of Royal Bank Of Scotland Group Plc's RBS.L investment bank, resigned after a disagreement with senior management over strategy, the Financial Times reported citing a person close to RBS. (

* TESCO - Britain's biggest retailer has started the process to sell-off land from abandoned supermarket development projects, seeking to raise cash to help to finance its recovery plan under its new boss.

The Guardian reported late on Monday that Tesco is radically restructuring the way it works with suppliers, cutting the number of ways in which it charges them from 24 to just three.

* KINGFISHER - Europe's biggest home improvement retailer, said on Tuesday it planned to close about 60 underperforming B&Q stores in Britain as the wider group posted a 7.5 percent fall in annual profit.

* MITIE - The outsourcing company expects its full-year operating profit to be slightly lower than forecast as a result of pricing pressures in its home care and social housing businesses, it said on Tuesday.   Continuación...