(Adds news items, updates futures)
June 5(Reuters) - Britain’s FTSE 100 index is seen opening higher on Friday, with futures up 0.9%, ahead of cash market open.
* WORKSPACE: Workspace Group said its full-year profit nearly halved and it expected more trouble in the months ahead.
* TAYLOR WIMPEY: Taylor Wimpey has seen a surge in interest in buying homes since it brought its sales centres and show homes in England back on line.
* PREMIER OIL: Premier Oil will issue discounted shares to activist hedge fund ARCM representing 8.91% of the company to pay for North Sea assets from BP, which agreed to reduce the price, Premier said.
* CONSUMERS: British consumer confidence in late May fell to its lowest in over a decade as COVID-19 hit the economy, a survey showed.
* RETAIL: UK retail sales dived 18% in May as the coronavirus lockdown measures kept shopping streets empty, a survey showed.
* ASTRAZENECA: AstraZeneca has doubled manufacturing capacity for its potential coronavirus vaccine to 2 billion doses in two deals involving Microsoft billionaire Bill Gates that guarantee early supply to lower income countries.
* IAG: The boss of British Airways said its parent company IAG was burning through 178 million pounds a week and could not guarantee its survival, prompting him to urge unions to engage over 12,000 job cuts.
* OIL: Oil prices nudged higher as traders await cues from a meeting that could take place as soon as this weekend where major oil producers will discuss whether to extend record production cuts.
* UK shares hit their highest in nearly three-months on Thursday on bets of a rebound in post-coronavirus economic activity.
* For more on the factors affecting European stocks, please click on:
TODAY’S UK PAPERS
> Financial Times
> Other business headlines (Reporting by Shanima A in Bengaluru; Editing by Vinay Dwivedi and Shailesh Kuber)
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