UPDATE 1-UK Stocks-Factors to watch on July 21

(Adds company news items and futures)

July 21 (Reuters) – Britain’s FTSE 100 futures were down 0.1
percent ahead of the cash market open.

* VODAFONE: Vodafone, the world’s second largest mobile operator,
reported better-than-expected 2.2 percent revenue growth in its first quarter,
reflecting a robust performance in Italy and Spain and an acceleration in demand
in Turkey.

* PAYSAFE: A consortium of Blackstone and CVC Capital Partners
has made a 2.86 billion pound ($3.71 billion) bid for payments
processing company Paysafe Group, joining a growing number of deals in
the sector.

* BEAZLEY: Lloyd’s of London insurer Beazley Plc reported a rise in
first-half pretax profit, buoyed by strong growth in its U.S. specialty lines
business and investment gains.

* ACACIA MINING: Acacia Mining is targeting the lower end of its
production guidance for the year after its first-half results were hit by
Tanzania’s ban on the export of its concentrates, the gold miner said on
Friday.

* CLOSE BROTHERS: British lender Close Brothers Group reported a
rise in year-to-date loan book and said it expected strong results for the year
ending in July.

* ANTOFAGASTA: Union-represented workers and management at Antofagasta’s
Zaldivar copper mine failed to reach a wage deal on Thursday and agreed
to extend government-mediated talks into next week, the union said.

* TEN GROUP: Concierge service company Ten Group has appointed Jefferies to
oversee a flotation on the junior AIM market, Sky News reported on
Thursday.

* BRITAIN BUSINESS: Britain’s Chambers of Commerce (BCC), an employers
group, warned the government it needed to engage in “sustained and structured”
discussions with business over Brexit and avoid an abrupt departure from the
bloc.

* BRITAIN IMMIGRATION: The British government should agree an implementation
period for curbs to immigration from the European Union after Britain leaves the
bloc to allow businesses time to adapt, a committee of lawmakers said in a
report published on Friday.

* OIL: Oil prices were little changed on Friday ahead of a key meeting of
major oil producing nations next week, sitting below the $50 per barrel level
that was briefly breached for the first time in 6 weeks in the previous
session.

* The UK blue chip index FTSE closed up 0.77 pct at 7487.87 points
on Thursday, outperforming pan-European STOXX 600 as European shares
dropped as a jump in the bloc’s currency following the European Central Bank’s
policy meeting weighed on exporters.

* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

TODAY’S UK PAPERS

> Financial Times

> Other business headlines
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(Reporting by Siju Varghese; Editing by Sunil Nair)

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