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UK Factors-FTSE seen opening slightly lower

Reuters - UK Focus

LONDON, Oct (HKSE: 3366-OL.HK - news) 13 (Reuters) - Britain's FTSE 100 index is seen opening down by 7-12 points, or 0.1-0.2 percent lower on Tuesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* The UK blue chip index closed down 0.7 percent at 6,371.18 points on Monday.

* BARCLAYS (Swiss: BARC.SW - news) : Britain's third largest bank Barclays PLC (LSE: BARC.L - news) is close to naming former JPMorgan Chase (Swiss: JPM.SW - news) banker Jes Staley as chief executive, a move that could signal a renewed focus on the investment banking division that had been pared back under previous CEO Antony Jenkins.

* ROYAL MAIL (LSE: RMG.L - news) : The British government said on Monday it would sell the remainder of its stake in Royal Mail, bringing to an end its ownership of a postal service that it started privatising in controversial fashion in 2013.

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* SABMILLER (Amsterdam: MI8.AS - news) /ABI : The U.S (Other OTC: UBGXF - news) . Justice Department is probing allegations that Anheuser-Busch InBev is seeking to curb competition in the beer market by buying distributors, making it harder for fast-growing craft brewers to get their products on store shelves, according to three people familiar with the matter.

* UK RETAIL SECTOR: British retail spending rose rapidly last month, boosted by a holiday weekend and the Rugby World Cup falling in this year's September survey period, the British Retail Consortium said on Tuesday.

* FORMER NORTHERN ROCK LOANS: Three consortia have submitted bids to buy 13 billion pounds ($20 billion) of former Northern Rock loans being sold by the British government, drawing in big names including JPMorgan (LSE: JPIU.L - news) and Blackstone (NYSE: BX - news) , several people familiar with the matter said.

TODAY'S UK PAPERS

> Financial Times

> Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit http://topnews.session.rservices.com * BridgeStation: view story .134 For more information on Top News visit http://topnews.reuters.com (Reporting by Sudip Kar-Gupta)