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Sept 1 - Britain's FTSE 100 index is seen opening higher on Friday, with futures up 0.13%.

* SHELL: Shell's Cullinan-1X exploration well offshore Namibia did not make a commercial oil and gas discovery, the company said. * STRIKES: Junior and senior doctors in England plan to take joint strike action for first time, the British Medical Association (BMA) union said.


* NATIONAL GRID: Britain's National Grid will implement its scheme to pay homes to cut electricity use and help prevent power shortages again this winter, it said. * BAE SYSTEMS: British defence company BAE Systems said it set up a local entity in Ukraine and signed deals with the government to help ramp up Kyiv's supply of weapons and equipment.


* BANKS: More savings accounts are offering higher interest rates as more competitive market emerges, though regulatory intervention may still be needed to ensure customers are getting fair value, Britain's Financial Conduct Authority (FCA) said. * OIL: Oil prices are set to snap a two-week losing streak as they rose for a fourth consecutive session. * GOLD: Gold prices looked set on Friday to wrap up their second straight week of gains, helped by diminished chances of U.S.


interest rate hikes this year. * METAL: Copper prices started the month on a firmer note despite the strong U.S. dollar, supported by better demand prospects as China issued further measures to revive its crisis-hit property market. * UK's FTSE 100 snapped a six-day winning streak to end lower on Thursday, hurt by weak data from China and mining stocks trading ex-dividend, while hawkish remarks from Bank of England's Chief Economist Huw Pill weighed on sentiment.


* UK CORPORATE DIARY: VIDENDUM HY RESULTS * For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Hani Kollathodi in Bengaluru; Editing by Sonia Cheema)

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