UK Stocks-Factors to watch on Tuesday Oct 7

miércoles 7 de octubre de 2015 01:52 GYT

LONDON, Oct 7 (Reuters) - Britain's FTSE 100 index is seen opening
down 6 to 20 points, or as much as 0.3 percent lower on Wednesday, according to
financial bookmakers. For more on the factors affecting European stocks, please
click on 
    * The blue-chip FTSE 100 ended 0.4 percent higher at 6,326.16 points on
Tuesday, with energy and mining stocks advancing on the back of stronger
commodity prices. 
    * The fall in British shop prices picked up more speed in September, the
British Retail Consortium said on Wednesday, underscoring the weak outlook for
the country's zero inflation rate. 
    * TESCO - British retailer Tesco has held talks with the Serious
Fraud Office (SFO) over a deal to settle a criminal investigation into its
accounting errors, Sky News reported on Tuesday. 
    The supermarket said it will further simplify its relationship with
suppliers by standardising payment terms, it said on Tuesday, in the wake of an
accounting scandal last year. It reports results on Wednesday. 
    *  HOME RETAIL - Argos will offer same-day delivery to customers
across Britain until late evening, which it said would make it the first
retailer to provide the service seven days a week, as parent company Home Retail
adapts to changing customer preferences by transforming Argos from a
catalogue-based retailer into a digital-orientated business. 
    * ANTOFAGASTA - Chilean copper mining company Antofagasta Minerals,
the operational division of Antofagasta, said on Tuesday it was reducing its
workforce by around 7 percent in order to cut costs, the latest victim of the
recent rout in the copper market. 
    * EU REFERENDUM - Europe will do whatever it can to avoid the prospect of
Britain leaving the European Union, German Finance Minister Wolfgang Schaeuble
said on Tuesday in Paris. 

 Tesco PLC                                Half Year 2015/16 Tesco PLC
                                          Earnings Release
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 (Reporting by Alistair Smout)