The UK services sector saw business activity ease in March, the first decline in more than two-and-a-half years, as Brexit turmoil curtailed spending and weighed heavily on the economy.
London stocks were little changed in early trade on Wednesday, along with its European counterparts failing to build on the gains seen in Asia, as sterling rallied on signs that Theresa May was shifting towards a softer Brexit.
London stocks looked set for a positive open on Wednesday, taking their cue from near seven-month highs in Asia as trade talks between the US and China were set to resume.
London stocks continued their strong start to the second quarter on Tuesday, helped by a move lower in the pound as Brexit deadlock continued and shrugging off a tepid start on Wall Street.
Bookmakers have been accused of violating new rules on fixed-odd betting terminals after an investigation found that high-stakes roulette-styled games were launched on the same day as the restrictions on the machines were implemented.
London stocks continued to push higher on Tuesday, tracking the big gains seen overnight on Wall Street, helped by a move lower in the pound after another night of Brexit deadlock.
Markets in Asia followed their US peers higher on Tuesday, after a rallying session in the US overnight as concerns of a potential global slowdown appeared to abate.
The UK construction sector continued to stagnate in March, as Brexit uncertainty and concerns about the economic outlook weighed heavily.
London stocks are moving higher on Tuesday, tracking the big gains seen overnight on Wall Street, helped by a move lower in the pound after another night of Brexit deadlock.
Asda moved up to become the second largest supermarket in Britain in recent weeks, while discounter Aldi overtook Morrisons in terms of shopper numbers.