March 29, 2017 / 5:29 AM / a year ago

UK Stocks-Factors to watch on March 29

    March 29 (Reuters) - Britain's FTSE 100 index is seen opening up 24
points on Wednesday as Britain submits formal notice of its intention to leave
the European Union, according to financial bookmakers.
    * TESCO: Tesco, Britain's biggest retailer, remains committed to
its agreed 3.7 billion pound ($4.7 billion) takeover of wholesaler Booker
 despite opposition from some big shareholders, its boss said on Tuesday.

    * ACACIA: Gold miner Acacia Mining Plc on Tuesday denied
allegations that it was trying to export gold and copper concentrates in spite
of a ban by the Tanzanian government.
    * BREXIT: Prime Minister Theresa May will file formal Brexit divorce papers
on Wednesday, pitching the United Kingdom into the unknown and triggering years
of uncertain negotiations that will test the endurance of the European Union. 

    * BRITAIN INFLATION: The British public's expectations for inflation over
the coming year fell in March, despite a sharp pick up in the country's most
closely watched measure of price growth, a monthly survey by bank Citi and
polling firm YouGov showed.
    * BOE: Bank of England interest rate-setter Ian McCafferty said on Tuesday
he did not know whether he would vote to increase borrowing costs at the next
meeting of the BoE's policymakers in May.
    * The UK blue chip index ended up 0.7 percent on Tuesday, underpinned by a
recovery in miners and banks as well as a surge in Wolseley's shares
following strong results.
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
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    Group Plc                  Update
    Saga Plc                  Q4 2016
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 (Reporting by Rahul B in Bengaluru; Editing by Sherry Jacob-Phillips)
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