(Adds news items, Updates futures)

Dec 20 - Britain's FTSE 100 index is seen opening higher with futures up 1.13% on Wednesday.

* LSEG: The London Stock Exchange Group said it would waive the lock-up restrictions on shares part of the management incentive plan with effect from Jan. 29, and participants of the program would be able to dispose off stocks held thereafter.

* PETROFAC: Petrofac said it expected its net debt to be higher at the year-end, due to a delay in securing advance payments on contracts and a subsequent increase of over $100 million in collateral for the guarantees.

* INFLATION: British inflation

fell

by more than any economist polled by Reuters predicted in November, pushing the headline rate to its lowest since September 2021, according to data that will further fuel bets on Bank of England interest rate cuts next year.

* LISTING RULES: Britain's markets watchdog has proposed a single entry point to simplify and speed up company listings in the biggest shake up of its kind in three decades to help London compete better with New York as well as European Union centres in the wake of Brexit.

* OIL: Oil prices ticked higher on Monday after rising more than 1% in the previous session on jitters over global trade disruption and geopolitical tensions in the Middle East following Houthi attacks on ships in the Red Sea.

* METALS: Prices of most base metal found support on Wednesday, as investor sentiment was boosted by strong demand outlook on brightened bets of U.S. interest rate cuts next year.

* For more on the factors affecting European stocks, please click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines (Reporting by Anchal Rana in Bengaluru)