UK Stocks-Factors to watch on Sept 2
Updates shares, adds items
Sept 2 -Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.24%.
* NEO ENERGY: NEO Energy on Monday said it will slow down investment across its portfolio in view of fiscal and regulatory uncertainty in the British oil and gas sector.
* PRS REIT: Britain's PRS REIT questioned on Monday the need for heeding the call by some shareholders to immediately convene a general meeting in a bid to remove its Chairman Stephen Smith.
* NORTH SEA TAX: The British government's proposed plans to increase a windfall tax on North Sea oil and gas producers would lead to a 12 billion pound ($16 billion) drop in revenue to the state, an industry group said on Monday.
* WORKER RIGHTS: Britain's Labour Party announced plans on Saturday to deliver the most "packed legislative agenda" for a new government in decades, including the introduction in the autumn of laws to improve employees' rights and greater protection for renters.
* AVIVA: British insurer Aviva AV.L said on Saturday its India unit is "actively engaging" with local authorities in connection with alleged tax evasion practices.
* OIL: Oil prices extended losses on Monday with investors weighing higher OPEC+ production from October against a sharp drop in output from Libya amid sluggish demand in China and the U.S., the world's two biggest oil consumers.
* GOLD: Gold prices dipped on Monday as the dollar strengthened, while investors awaited key U.S. jobs data to firm their bets on the size of Federal Reserve's interest rate cut expected this month.
* METALS: Most base metals begun September on a weaker note on Monday, as the market trimmed bets about an aggressive policy easing in the U.S., and China's manufacturing data increased demand concerns.
* 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 Radhika Anilkumar in Bengaluru
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