UK Stocks-Factors to watch on May 12

May 12 (Reuters) - Britain's FTSE 100 index is seen opening up 1 point at 7,387 on Friday, according to financial bookmakers. * LLOYDS: The British government will make at least a 500 million pound ($645 million) profit from its bailout of Lloyds Banking Group, Chief Executive Antonio Horta-Osorio said on Thursday, as the lender nears a return to private hands. * BT: BT proposed on Thursday building a network to connect 10 million homes with ultrafast full-fibre broadband by the