London stocks were little changed in early trade on Monday as investors digested a grim outlook from the Confederation of British Industry and eyed the latest reading on the UK services sector.
At 0825 GMT, the FTSE 100 was flat at 7,554.96.
Investors were mulling the latest data out of China, which showed that activity in the services sector shrank further in November, hitting a six-month low amid Covid restrictions.
The Caixin services purchasing managers’ index fell to 46.7 from 48.4 in October, coming in below consensus expectations of 48.0 and marking the third contraction in a row.
Jarvis Investment Management Ltd offers a wide range of stockbroking and administration services and solutions. Their parent company, Jarvis Securities plc (LON:JIM) is listed on AIM.