UK Stocks-Factors to watch on November 2

By Reuters News

- Britain's FTSE 100 .FTSE index is seen opening down on Monday, with futures down 0.1%.

* GLENCORE: Glencore GLEN.L is proposing to change CEO Gary Nagle's pay package to allow him to cash out long-term share awards more quickly if the miner is taken over, the Financial Times reported on Monday.

* GRID EXPANSION: Britain has approved the development of a 2 gigawatt undersea electricity connection linking Suffolk in the East of England and Kent in the South East of the country, capable of carrying enough electricity to power about 2 million homes, it said on Friday.

* OIL: Oil prices slipped more than 3% on Monday after Iranian and Qatari officials held a third straight day of talks aimed at pushing for a deal to end the US-Israeli war on Iran.

* GOLD: Gold prices ticked up in early Asian trading on Monday but hovered near a one-year low, as persistent inflation concerns reinforced expectations that the Federal Reserve could raise interest rates later this year, weighing on bullion's appeal.

* METALS: London copper recouped some of the previous week's losses on Monday on supply concerns and lower oil prices, following a third straight day of talks aimed at working out a deal to end the US-Israeli war on Iran.

* FTSE 100: London's FTSE 100 logged its first monthly gain in three months, edging up on Friday due to a boost from AstraZeneca, with investors welcoming a budget that was softer than expected on taxes.

* 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

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.