London stocks end lower

May 9: UK shares tracked Asian and European markets lower on Monday, as tightening lockdowns in China added to investors' concerns about a recession amid the Bank of England's dour economic outlook last week. The commodity-heavy FTSE 100 index (.FTSE) fell 0.7% in early trade, with miners (.FTNMX551020) leading losses as metal prices dropped on demand concerns. Industrial metal miners including Rio Tinto (RIO.L), Glencore (GLEN.L) and Anglo American (AAL.L) fell about 2.5pc each. "The biggest concern that markets have at the moment about UK is that we're likely to see fewer rate hikes over the course of the next 12-18 months and much slower growth, but I don't think we're going to be unique in that," said Michael Hewson, chief market analyst at CMC Markets, UK. — Reuters