Energy shares prop up London’s FTSE 100 By Reuters

(Reuters) – London’s FTSE 100 kicked off the holiday-shortened week on a marginally higher note on Monday, supported by strength in oil giants, although sentiment was subdued as markets await another key U.S. inflation print due later in the week. The blue-chip FTSE 100 was up 0.1%, as of 0816 GMT. UK stocks ended higher last week, with the FTSE 100 index notching its highest close in a year as investors cheered the Bank of England’s and the U.S. Federal Reserve signalling interest rate cuts this year. Focus will now shift to the U.S. core personal consumption expenditure price index, the Fed’s preferred inflation measure, on Friday to further gauge the trajectory of inflation and interest rates. Energy shares led…