London shares slip as higher oil prices lift bond yields; BoE in focus

London shares slipped to two-month lows on Tuesday as rising oil prices pushed bond yields higher globally over inflation concerns, while investors assessed a batch of domestic economic data ahead of a central bank policy verdict later this week. The blue-chip FTSE 100 index fell 0.59% to 10,634.49 points by 1000 GMT, while the midcap FTSE 250 slipped 0.46%. Heavyweight lenders and investment banks and brokerages were the top drags on the index, with Standard Chartered down 1.7% and Aberdeen dro

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