JPMorgan Cazenove has downgraded its rating on Petrofac after last week's court proceedings suggested the Serious Fraud Office has widened its investigation into the company.
Chief Brexit negotiator Michel Barnier said the EU was still waiting for the UK to come up with a viable proposal to break deadlocked talks between the two sides.
Theresa May and Labour leader Jeremy Corbyn remained divided over a post-Brexit customs union on Monday although one minister suggested the pair were closer to an agreement than suggested.
Sterling was under pressure on Monday, dragged lower by a spate of weak data out of the UK even as the US currency found a bid against the other majors ahead of a key week for US-China trade talks.
Commodities started the week on a downbeat note, with investors treading cautiously ahead of the second round of US-China trade talks that had kicked-off earlier on Monday, in Beijing.
The headlines coming out of the second round of trade talks between the US and China, in Beijing, will be front-and-centre on investors' radar on Tuesday.
US stocks turned in a mixed performance on Monday as investors continued to eye trade relations between the US and China and considered the prospect of yet another government shutdown due to Trump's insistence that his border wall be funded.
Stocks on the Continent bounced back from the steep losses endured over the course of the prior week, tracking a similar move seen on Wall Street last Friday and helped by some positive news on the global trade front.
Analysts at Berenberg upgraded shares of British challenger bank Metro Bank to 'hold' from their previous 'sell' rating on Monday, explaining that while near-term pressure might continue, the stock was now "fairly valued".
Retailers provided perhaps a surprising thrust on Monday, with only four sectors in negative territory.
London stocks finished the Monday session higher as downbeat UK growth figures knocked the pound off its perch.
Savannah Resources climbed on Monday after confirming the continuity of lithium mineralisation at its Mina do Barroso lithium project in Portugal.
Royal Dutch Shell has overtaken BP as the "top pick" in the sector for Barclays, which feels the oil giant still needs to improve free cash flow growth to boost shareholders returns.
Lloyds has apologised after a glitch left thousands of customers unable to access online and mobile banking resources on Monday.
Japanese company Softbank has invested $940m in a start-up that makes driverless robot delivery vans called Nuro. ai.
Tenants in Britain spent £59. 1bn on rent in 2018, which was £1. 9bn less than in 2017, marking the first annual decline in over a decade, the latest study from Hamptons International revealed.
Personal Assets Trust director Frank Rushbrook disposed of 114 ordinary shares in the Edinburgh based self-managed investment vehicle on Monday.
E. On is the first major energy company to announce it will increase prices for standard variable tariffs by 10. 3% on average as a response to the new higher price cap that has been allowed by the regulator.
London stocks were still in the green by midday on Monday as the pound remained weaker after the release of downbeat UK growth figures.
London's FTSE 100 was up 0. 8% at 7,129. 11 in afternoon trade on Monday, underpinned by a weaker pound.