The index was up 0.2% this morning, with banks and miners outperforming.

Flutter Entertainment gained 1.5% following a Buy recommendation from Citigroup, up from Neutral.

Meanwhile, John Wood Group tumbled 35% after private equity firm Apollo ended takeover talks.

The focus this week is on tomorrow’s job and wage data by the Office for National Statistics. Earnings growth and low unemployment would signal that the job market is still very tight, which would raise bets of another rate hike by the Bank of England.

 

Things to read today:

How to fix Britain’s water industry (Financial Times)

Curbing Europe’s Inflation Can’t Be Left to the ECB (Bloomberg)