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UK Stocks-Factors to watch on Aug. 21



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Adds new items, updates FTSE 100 move

Aug 21 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening 1% lower onWednesday, with futures FFIc1 up 0.04%.


* BARRATT-REDROW DEAL: Britain's competition regulator said on Wednesday it has "reasonable grounds to believe" that homebuilders BarrattBDEV.L and RedrowRDW.L would complete their merger following a court approval of the scheme.

* MOBICO: British transport company MobicoMCG.L posted on Wednesday a 28.1%jump in its first-half profit, buoyed by passenger growth and higher pricing.

* WAITROSE: Upmarket British supermarket Waitrose said on Wednesday it plans to open up to 100 convenience shops across the UK over the next five years, with a billion pound ($1.30 billion) investment in new and existing shops.

* PAY AWARDS: Pay awards granted by British employers fell during the three months to July, according to a survey that chimed with Bank of England forecasts for slowing wage growth.

* GOLD: Gold took a breather after hitting an all-time high in the previous session on U.S. rate-cut optimism, as investors awaited minutes of the Federal Reserve's latest meeting and Chair Jerome Powell's speech for clarity on the depth of cuts.

* OIL: Oil prices slipped on estimates showing swelling U.S. crude inventories and expectations that tensions in the Middle East were easing following a tour of the region by mediators.

* METALS: Aluminium prices in London pulled back, snapping a seven-day rally, after traders locked in some profits and also assessed higher supply and weak demand from top consumer China.


* For more on the factors affecting European stocks, please click on: LIVE/

TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB



Reporting by Prerna Bedi and Yamini Kalia in Bengaluru

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