UK Stocks-Factors to watch on July 5
Adds new items, updates futures
July 5 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.3%.
* ELECTIONS: A record number of senior ministers, including the defence secretary and one touted as a possible future leader,lost their parliamentary seats as the governing Conservative Party suffered a series of catastrophic defeats in Britain's election.
* GOLDMAN SACHS'S UK FORECAST: Goldman Sachsraised United Kingdom's 2025 and 2026 economic growth forecasts by 0.1 percentage point respectively, citing a modest boost to demand growth in the near-term.
* SHELL: ShellSHEL.L will take animpairment charge of up to $2 billion after the sale of its Singapore refinery and pausing of construction of one of Europe's largest biofuel plants, it said.
* ANGLO AMERICAN: Australia's Mining And Energy Union has reached an agreement with Anglo AmericanAAL.L to extendpay until August-end for workers at its Grosvenor mine that was shut earlier this week due to an ongoing underground fire, the parties said.
* HSBC: HSBC HSBA.L is attracting initial interest from peers including BNP Paribas SA BNPP.PA and UBS Group AG UBSG.S, for the sale of its German wealth-management unit, Bloomberg News reported on Thursday.
* GLENCORE: The Canadian government has approved Glencore's GLEN.L $6.93 billion acquisition of miner Teck Resources' TECKb.TO steelmaking coal unit with strict conditions to preserve jobs, the country's industry minister said.
* UK HOUSE PRICES: British house pricesfell slightly in June but are likely to rise over the rest of this year and into 2025 with interest rates expected to start falling soon, Halifax said.
* OIL: Oil pricesdipped but were on track for a fourth straight week of gains and were near their highest levels since late April.
* 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 and DhanushVignesh Babu in Bengaluru
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