UK Stocks-Factors to watch on October 1

Oct 1 (Reuters) – Britain's FTSE 100 index is seen opening higher on Wednesday, with futures up 0.05%. * THAMES WATER: Some creditors of Thames Water will pledge to retain their ownership in the British utility until 2030 as part of a rescue plan, Sky News reported. * ANTOFAGASTA: The union for supervisors at Antofagasta's Los Pelambres copper mine in Chile has rejected a contract offer, paving the way for a potential strike, the group said. * INTEREST RATES: Bank of England Deputy Governor Sarah Breeden said that a recent climb in headline inflation was unlikely to last and there were risks to the economy if interest rates are kept high for too long. * STANDARD CHARTERED: Singapore's High Court has dismissed a bid by foreign liquidators to sue Standard Chartered and BSI Bank over transactions alleged to be linked to Malaysian sovereign wealth fund 1MDB, according to a judgment. * BP MARSH: BP Marsh has acquired a 10% shareholding in Oneglobal, the London-based international retail and wholesale insurance intermediary. * COMMODITIES: Oil prices steadied in early trade ahead of potential OPEC+ plans for a larger output hike next month. Gold prices surged to a record high after the official start of the U.S. government shutdown and London copper futures strengthened following top-producer Chile's steepest output drop in over two years. * FTSE: FTSE 100 closed at a record high adding 0.5% on Tuesday and logged its biggest quarterly performance since October 2022, helped by a weaker pound that increases earnings for companies that are reliant on export revenues. * UK CORPORATE DIARY: Taylor TW.L Investor Day Wimpey Greggs GRG.L Q3 Trading Update * For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Simone Lobo in Bengaluru)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)