* FTSE 100 down 1.4%, FTSE 250 off 1.1%
The FTSE 100 fell to a two-month low on Monday on concerns that a spike in coronavirus infections could derail a nascent economic recovery, while a recent surge in inflation raised fears of a quicker tapering in global monetary stimulus.
The blue-chip FTSE 100 was down 1.4% by 0709 GMT, with BP and Royal Dutch Shell tracking a slide in oil prices. O/R
Mining and financial stocks were also among the biggest decliners. No single FTSE 100 stock posted gains in early trading.
The mid-cap FTSE 250 .FTMC tumbled 1.1% as Prime Minister Boris Johnson lifted most restrictions in England in what some have dubbed “Freedom Day” despite a new wave of COVID-19 cases.
Travel-related stocks .FTNMX405010 sank for the fifth time in six days as the surge in infections raised the spectre of new travel curbs.
British Airways-owner IAG and InterContinental Hotels fell more than 2.5% to the bottom of the FTSE 100.
(Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Arun Koyyur) ((sagarika.jaisinghani@thomsonreuters.com;)) (( For related prices, Reuters users may click on – * UK stock report .L FTSE index: 0#.FTS6 techMARK 100 index: .FTT1X FTSE futures: 0#FFI: Gilt futures: 0#FLG: Smallcap index: .FTSC FTSE 250 index: .FTMC FTSE 350 index: .FTLC Market digest: .AD.L Top 10 by vol: .AV.L Top price gainers: .NG.L Top % gainers: .PG.L Top price losers: .NL.L Top % losers: .PL.L * For related news, click on – * UK hot stocks: HOT and Wall Street: .N Gilts report: GB/ Euro bond report GVD/EUR Pan European stock report: .EU Tokyo stocks: .T HK stocks: .HK Sterling report: GBP/ Dollar report: USD/ * For company prices, click on – * Company directory: UKEQ By sector: FTAX * For pan-European market data, click on – * European Equities speed guide EUR/EQUITY FTSE Eurotop 300 index .FTEU3 DJ STOXX index .STOXX Top 10 STOXX sectors .PGL.STOXXS Top 10 EUROSTOXX sectors .PGL.STOXXES Top 10 Eurotop 300 sectors .PGL.FTEU3S Top 25 European pct gainers .PG.PEUR Top 25 European pct losers .PL.PEUR ))