British shares muted ahead of economic data; airlines skid


The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo

British shares struggled for direction on Friday as investors stayed away from making big bets ahead of domestic construction activity data and U.S. jobs numbers, while airline stocks came under pressure on further tightening of travel restrictions.

The blue-chip FTSE 100 index (.FTSE) edged 0.1% lower, with British airways owner IAG (ICAG.L) shedding 1.2% after Britain removed Portugal from its quarantine-free travel list and added seven more countries to its red list. read more

Other airlines including Ryanair Holdings , Wizz Air (WIZZ.L) and EasyJet fell between 1% and 2.6%.

The domestically focused mid-cap FTSE 250 index (.FTMC) was flat.

“There’s not much in the way of negative or positive drivers at the moment. We’re in a bit of a holding pattern until we get some clear idea of whether or not restrictions will be…

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