Stocks subdued as England prepares for new Covid tiers – business live

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Rolling coverage of the latest business and markets news, as England prepares to exit its national Covid lockdown

7.51am GMT

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

The equity rally stalled yesterday and trading is expected to be subdued throughout the Friday session, as Europe prepares for further Covid restrictions that are expected to continue throughout December.

European Opening Calls:#FTSE 6363 -0.01%#DAX 13300 +0.10%#CAC 5570 +0.06%#AEX 609 +0.19%#MIB 22232 +0.14%#IBEX 8099 -0.07%#OMX 1929 -0.17%#STOXX 3514 +0.08%#IGOpeningCall

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