UK Stocks-Factors to watch on Nov. 8
Nov 8 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.2%.
* PAY: Britain's labour market showed further signs of cooling in October, according to a survey that showed the weakest wage growth since early 2021, and tax increases in last week's budget might further hit hiring.
* BOOHOO: Boohoo BOOH.L questioned Frasers' FRAS.L interests and sought undertakings that would limit the top investor's influence, a day after it urged the British online retailer to refrain from any asset sale without prior approval.
* OIL: Oil prices fell slightly as the risk of a hurricane in the Gulf of Mexico affecting U.S. oil and gas output declined, while the market continued to weigh how President-elect Donald Trump's policies might affect supplies.
* METALS: Most base metals prices were trading higher amid a softer U.S. dollar and hopes of an aggressive stimulus package from top consumer China to boost growth.
* FTSE: The UK's FTSE 100 slipped on Thursday after the Bank of England cut interest rates as expected, but projected higher inflation and economic growth following the new government's first budget.
* UK CORPORATE DIARY:
IAG | ICAG.L | Q3 Trading update |
Vistry Group | VTYV.L | Q3 Trading update |
Rightmove | RMV.L | Trading update |
* 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 in Bengaluru; Editing by Sumana Nandy
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