November 3, 2016 / 6:31 AM / in 2 years

UK Stocks-Factors to watch on Nov 3

Nov 3 (Reuters) - Britain's FTSE 100 index is seen opening 10 to 13
points lower, or down as much as 0.2 percent, on Thursday, according to
financial bookmakers.
    * The UK blue chip index closed 1.04 percent weaker at 6845.42 points after
slipping to a one-month low on Wednesday, as global equities suffered from
nerves over the upcoming U.S. presidential election and Standard Chartered was
hit by broker downgrades. 
    * UK HOUSING: British housebuilders have not scaled back construction plans
in the three months since the country voted to leave the European Union, data
showed on Thursday, despite central bank forecasts for a sharp slowdown in
housing investment. 
    * UK RETAIL: Britain's Pensions Regulator on Wednesday formally began
"enforcement action" against Philip Green, the former owner of BHS, to plug a
hole in the collapsed department store's pension fund, saying the billionaire
had failed to provide a credible offer. 
    * UK DEBT: Britain is unlikely to issue new government debt with a maturity
much greater than the current maximum of around 50 years, the head of the UK
Debt Management Office said in an interview published on Wednesday. 
    * EX-DIVS: GlaxoSmithKline Plc will trade without entitlement to its
latest dividend pay-out on Thursday, trimming 3.66 points off the FTSE 100
according to Reuters calculations. 
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
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    > Financial Times                      
    > Other business headlines             
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 (Reporting by Esha Vaish in Bengaluru; Editing by Sunil Nair)
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