It is the first session of trading in Europe following the weekend. Yesterday people across the UK fell silent for 2 minutes at 11am to remember those that had given their lives for their country in the armed forces.
The CBI wants the government to bring in new laws to curb compensation pay-outs by the banks for PPI mis-selling -The Times
The body that controls the taxpayer stakes in RBS and Lloyds Bank Group is to return to the treasury - The Times
Austria counters UK with its own plan to veto EU budget – CityAM
BOJ Gov Shirakawa says they will pursue powerful easing
Econ Data: Mortgage approvals from the UK at 9:30am, Leading Indicators from the EU at 11am (London)