(Updates futures, Adds news items)

June 14 - Britain's FTSE 100 index is seen opening higher on Friday, with futures up 0.55%.

* TESCO: Tesco, Britain's biggest supermarket group, said it was "well positioned" for the balance of the year, as it reported a 4.6% rise in underlying quarterly sales in its home market and reiterated its guidance.

* CREST NICHOLSON: British homebuilder Crest Nicholson said it rejected a 650 million pound ($828.04 million) revised unsolicited proposal from rival Bellway BWY.L, saying that the deal "significantly undervalued" the group.

* BOE: Any lingering hopes Prime Minister Rishi Sunak might still have for a pre-election interest rate cut will probably be dashed next week, when the Bank of England looks

set

to signal that lower borrowing costs await Britain's next government instead.

* HOUSEBUILDERS: Britain's housebuilders are disappointed with what they see as a lack of radical measures to tackle the country's housing shortage in the election manifestoes of both major parties, industry executives said.

* TESCO: The board of Tesco, Britain's biggest supermarket group, will be asked to justify chief executive Ken Murphy's near 10 million pounds ($12.75 million) pay package when it faces shareholders at its annual meeting on Friday.

* OIL: Oil prices eased as markets evaluated the impact of U.S. interest rates staying higher for longer than anticipated.

* GOLD: Gold prices edged up and were on course for their first weekly gain in four, as U.S. economic data indicated a softening of price pressures.

* METALS: Prices of nickel in London rose slightly on Friday, but were set to fall for the fourth consecutive week, pressured by rising inventories.

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines ($1 = 0.7843 pounds) (Reporting by Echha Jain in Bengaluru)