FTSE 100 LIVE: London’s market edges lower amid new lockdown and Brexit trade deal push | City & Business | Finance

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The FTSE 100 is seen down by 4.5 points at 5,577, while the EURO STOXX 50 is also down by 1.8 points at 2,958. It comes as London’s FTSE 100 fell on Friday and logged its biggest monthly drop since March as the second coronavirus wave takes its toll on the country.

On Saturday Prime Minister Boris Johnson confirmed that England will be entering a second lockdown on Thursday after the surge in COVID-19 cases and deaths.

EU and British Brexit negotiations are also set to continue in Brussels on Monday.

If the two sides do not agree on a trade deal, it has been estimated that $900 billion (£696 billion) of annual bilateral trade in goods and services would be damaged from the start of next year.

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