May 29, 2018 / 6:53 AM / 5 months ago

UPDATE 1-UK Stocks-Factors to watch on May 29

 (Adds company news item, futures)     May 29 (Reuters) - Britain's FTSE 100         index is seen opening 36 points lower at 7,695 on Tuesday, according to financial bookmakers, futures         down 0.7 percent ahead of the cash market open.          * STANDARD LIFE ABERDEEN: Standard Life Aberdeen         plans to return as much as 1.75 billion pounds ($2.3 billion) to its shareholders in the wake of the sale of its insurance business to Phoenix Group         .                  * IWG: U.S. real estate investment company Prime Opportunities Investment Group said on Tuesday IWG Plc         had rejected its offer approach for the British serviced office provider.                 * DIXON CARPHONES: British retailer Dixons Carphone        said profit would fall by 21 percent in the current year, as its new chief executive warned that he needed to fix problems at the company and close shops at a time of a contracting UK electrical market.                 * SAFESTYLE: British windows and doors retailer Safestyle UK Plc         , which issued a profit warning in April, said on Tuesday its non-executive Chairman Peter Richardson resigned with immediate effect, a month after assuming the role.                 * VEDANTA RESOURCES: India's Tamil Nadu state has ordered a permanent closure of a big copper smelter run by London-listed Vedanta Resources        , the state chief minister said on Monday, after protests demanding its shutdown killed 13 people last week.                  * ITV PLC: British broadcaster ITV Plc         is considering entering into a joint venture valued at 1 billion pounds ($1.33 billion) with BBC to acquire half of broadcaster UKTV, the Telegraph newspaper reported on Monday.                 * PRET A MANGER: Luxembourg-based JAB Holdings is set to buy British sandwich chain Pret A Manger (IPO-PRET.L) for 1.5 billion pounds ($2.0 billion), including debt, from its private equity owners, the Financial Times reported late on Monday.                  * ROYAL BANK OF SCOTLAND: Britain could sell a 10 percent stake in Royal Bank of Scotland         as soon as this week, Sky News reported on Monday, citing banking sources.                 * STANDARD CHARTERED: Standard Chartered's          private equity arm is seeking to sell its stake in a unit of Saudi Binladin Group, the construction group whose owners were entangled in Saudi Arabia's anti-corruption purge, said three sources familiar with the matter.                 * OIL: Oil prices were mixed in Asian trading on Tuesday, but remained under pressure from expectations that Saudi Arabia and Russia would pump more crude to ease a potential shortfall in supply.                 * The UK blue chip index ended the day up 0.18 percent at 7,730.28 points on Friday.     * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets                TODAY'S UK PAPERS     > Financial Times                                     > Other business headlines                         Multimedia versions of Reuters Top News are now available for:  * 3000 Xtra    : visit   * For Top News :    (Reporting by Harish Bhaskar)   

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