UK Stocks-Factors to watch on Oct. 28
Oct 28 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening flat on Monday, with futures FFIc1 largely unchanged.
* LSEG: The London Stock Exchange Group LSEG.L is considering cutting around 200 jobs globally after its executives conducted a review of its business, Bloomberg News reported on Friday, citing people familiar with the matter.
* BP: Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya's national oil corporation (NOC) said on Saturday.
* SHELL: Shell SHEL.L began restarting the diesel-producing hydrocracker (HCU) at its 233,702 barrel-per-day (bpd) refinery in Norco, Louisiana, on Friday, people familiar with plant operations said.
* SANTANDER: Spain's Santander has started a round of job cuts at its British unit as part of the lender's plans to save costs in a competitive banking environment in the United Kingdom, a person familiar with the matter said on Friday.
* BUSINESS CONFIDENCE: British business confidence sank to a four-month low in October ahead of the first budget plan from the country's new government, a survey showed on Monday, echoing other signs of corporate nervousness about possible tax increases.
* OIL: Oil prices tumbled more than $3 a barrel after Israel's retaliatory strike on Iran over the weekend bypassed Tehran's oil and nuclear facilities and did not disrupt energy supplies, easing geopolitical tensions in the Middle East.
* FTSE: London's blue-chip stock index slipped on Friday as investors assessed a mixed bag of corporate earnings ahead of a highly awaited first budget from the country's new government.
* UK CORPORATE DIARY:
Plus500 | PLUSP.L | Q3 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
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