Rolling live coverage of business, economics and financial markets as sterling hits a near-three-year high
An added note on G4S: it is the biggest faller on the FTSE 350, down 10% after GardaWorld pulled out of the bid battle before it had really started.
However, that has still left shares at a higher point than they were before the pandemic.
An hour into the week’s trading, and UK stocks are not having a great time.
The FTSE 100’s blue chips are down by 1% at about 6,560 points, while the mid-cap FTSE 250 has also lost 1%, down to 20,836 points.