UK Stocks-Factors to watch on October 14

October 14 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures up 0.1%.

*SHELL: Shell SHEL.L said it has signed an agreement to sell its full interest in the Shell Nigeria Gas Group, which operates a domestic gas distribution business in the country, to Vaaris Energy.

*GLENCORE: Glencore's GLEN.L, shares started trading on the Australian Securities Exchange at a small premium to their London close, as the miner and trader hopes to secure a better valuation from investors seeking greater copper exposure.

*BIG YELLOW GROUP: Activist investor Ancora Holdings has urged Britain-listed Big Yellow Group BYG.L to launch a strategic review, including a potential sale of the self-storage company.

*RIO TINTO: Rio Tinto RIO.AX, RIO.L said it was on track to release about $5 billion in capital by the end of 2026, after strong mine performance helped lift third-quarter iron ore sales from its Pilbara operations above market expectations.

*BORROWING: UK Finance Minister John Healey is expected to pay for all new giveaways in this month’s budget, including a cost-of-living package, with higher taxes or spending cuts rather than more borrowing, the Financial Times reported.

*ONLINE MARKETPLACES: UK finance minister John Healey is expected to announce that online marketplaces such as Amazon.com AMZN.O, eBay EBAY.O and Temu PDD.O will be made responsible for collecting tax owed by retailers selling on their platforms, The Times reported.

*COMPANIES: Large British companies expect inflation and interest rates to rise over the next year and are focussing increasingly on cost-cutting, a survey published Deloitte showed, two weeks before finance minister John Healey's first budget.

* COMMODITIES: Oil prices climbed on Wednesday, gold prices held firm and copper prices were flat

* FTSE: London's main stock indexes were little changed on Tuesday, with losses in industrials and mining offsetting gains in energy.

* UK CORPORATE DIARY:

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

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