London Stocks Pause Ahead of Crucial UK GDP Data Release

London's stock market experienced a pause in its recent gains as investors digested company updates and waited for Thursday's UK GDP numbers.

The FTSE 100 slipped 0.2%, while the mid-cap FTSE 250 remained largely unchanged, marking a quiet start to the day after weeks of strong performance driven by positive earnings reports.

Thursday's GDP print will be significant as it sets expectations for the economy's momentum and influences interest rate decisions.

Overseas headlines also played a role, with oil prices increasing due to optimism around talks related to the Strait of Hormuz and fresh conditions from Iran, keeping energy costs a wildcard for UK inflation.