Investors' focus on Tuesday was expected to be on UK public sector borrowing data covering the month of October.
European markets struggled for direction on Monday as investors digested China's first Covid-19 deaths in six months, ending the session slightly lower for the most part.
Analysts at RBC Capital revised their target price for shares of TT Electronics lower on the back of the electronic component manufacturer's latest update.
Oil prices were being pushed lower on Monday afternoon, on reports that Saudi Arabia and its OPEC allies were mulling an increase in output.
London stocks were in a mixed state at the close on Monday, with the top-flight index slipping into the red amid renewed Covid-19 concerns out of China.
Analysts at Canaccord Genuity initiated coverage on specialty chemicals group Iofina at 'buy' on Monday as it pointed to a "strong return profile ahead".
FTSE 250: 19,437. 78 , up 0. 80% at 1530 GMT.
Seeing Machines revealed on Monday that non-executive executive Michael Brown had acquired of 1. 41m shares in the AIM-listed technology group.
Virgin Money shares surged on Monday as the bank reported a 43% rise in full-year profits driven by higher interest rates and said it would extend its share buyback by £50m.
London’s FTSE 100 was down 0. 2% at 7,368. 90 in afternoon trade on Monday.
Britain’s Financial Conduct Authority has called on designers of stock trading to make sure they do not lure investors to behave like they were gambling.
Ncondezi Energy updated the market on its solar photovoltaic and battery energy storage system project in Tete, Mozambique on Monday.
A senior Bank of England official has called for the cryptocurrency sector to be tightly regulated following last week’s collapse of FTX.
The bear market in global equity markets is not over, Goldman Sachs said in a strategy note on Monday.
UK-based Virgin Atlantic has pulled support for Heathrow airports’s plans to build a third runway plans as the two organisations continue to row over fees.
Wall Street trading got off to a mixed start early on Monday as Disney shares pushed the Dow Jones higher at the beginning of the holiday-shortened week.
Merck has agreed to buy cancer drug developer Imago BioSciences in a $1. 35bn deal.
Retail footfall grew just 1. 6% week-on-week in the seven days ended 19 November, according to retail experts Springboard, with consumers seemingly yet to make the most of already live Black Friday promotions.
Prime Minister Rishi Sunak insisted on Monday that the UK would not pursue any Swiss-style deals with the European Union.
European markets were struggling for direction at the open on Monday as investors eyed China’s first Covid-19 deaths in six months.