UK shares were slightly down this morning, ahead of key U.S. labour data that investors believe could influence the Federal Reserve's monetary policy.

Among stocks, fashion group Superdry soared 6.6% after it said it returned to profit in his latest fiscal year.

Tobacco group Imperial Brands said sales are in line with expectations, and announced a £1 billion share buyback.

In other news, a new survey from the British Chambers of Commerce shows "a significant decline of key economic indicators, with weakening structural business conditions and confidence a cause for concern."

Among findings, one in three businesses reported reduced cashflow over the last three months, while 23% reported an increase.

 

Things to read today:

US says ‘nothing off table’ in response to Opec+ oil cuts (Financial Times)

BOE’s Nightmare Scenario Came to Life as UK Markets Crashed (Bloomberg)