It's a sluggish day for the FTSE 100 as the government warns over surging COVID cases in the country.
U.K. stocks struggled for traction on Monday as a warning over the omicron variant weighed on sentiment.
Travel and hospitality names were under pressure as headlines worsened on the country’s fight to control the highly contagious omicron variant. Stock of International Consolidated Airlines IAG, -5.30% — the parent company of British Airways, Spain’s Iberia airlines, and Aer Lingus in Ireland — dropped 3%, Wizz Air WIZZ, -4.47% fell 4%, while Whitbread WTB, -3.21%, Restaurant Group RTN, -5.55% and JD Wetherspoon JDW, -5.71% lost 4% or more.
More restrictions kicked in on Monday, with masks required in most indoor settings, COVID passports mandatory for nightclubs and pubs and a recommendation for individuals to work from home.
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