UPDATE 1-UK Stocks-Factors to watch on Oct. 15

Last Updated: Mon, Oct 15, 2012 08:00 hrs

* Britain's FTSE 100 index is seen opening 10 to 11 points lower, or down by as much as 0.2 percent, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* The UK blue chip index closed down 36.43 points, or 0.6 percent lower, at 5,793.32 points on Friday.

* Copper slipped to a one-month low on Monday over uncertainties about global demand and Beijing's next policy move, with traders wary of making big moves ahead of China's release this week of data on third-quarter economic growth.

* Brent futures slipped to $114 on Monday, falling for a second day due to worries over the worsening outlook for demand growth, although mounting supply concerns over escalating tension in the Middle East kept losses in check.

* In the United States, retail sales figures are due to be published at 1230 GMT.

* ROYAL BANK OF SCOTLAND : Spain's Santander dramatically pulled out of its 1.65 billion pound ($2.65 billion) deal to buy 316 UK branches from Royal Bank of Scotland late on Friday, dealing a sharp blow to the state-backed British bank.

* KINGFISHER : Europe's largest home improvement retailer is considering launching its fast-growing Screwfix operation in France, giving the group a third business in its most profitable market.

* BAE : BAE Systems plans to spend the proceeds of a Saudi arms deal on a share buyback to appease investors following the collapse of its $45 billion merger with Airbus parent EADS, the Sunday Times reported.

* BP : Bidding will open this week for BP's half of Russian oil company TNK-BP, with state oil major Rosneft tipped as the likely buyer of the British oil major's stake in the fraught but lucrative joint venture.

* LIBOR PROBE: U.S. home owners have filed a class action suit in New York against 12 of the world's major banks, claiming that Libor manipulation made mortgage repayments more expensive than they should have been, the Financial Times reported on Monday.

FRESNILLO : The mining company said it was on track to meet its silver and gold 2012 production targets.

TRINITY MIRROR : The newspaper and media group said it would be merging its nationals and regional divisions.

TULLOW OIL : The oil group said it had acquired a stake in Maersk's Greenland licence.

GALLIFORD TRY : The construction company said it had agreed a contract for an 89 million pound leisure complex.

GREAT PORTLAND : The property company sold a stake in the 100 Bishopsgate development for 47.2 million pounds.

FILTRONA : The plastic and fibre products supplier said the company's third-quarter performance had been in line with its expectations.

MCBRIDE : The provider of private label household and personal care goods reported lower revenues and expected a hit to first-half trading profits.

AVEVA : The IT services company said it had made good progress during the first half of the year.

SDL : The software and language services company said its third quarter performance was broadly in line with forecasts.

OPTOS : The healthcare company said its revenues were expected to beat market forecasts.


> Financial Times

> Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit* BridgeStation: view story .134(Reporting by Sudip Kar-Gupta)

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