FTSE 100 down 0.6, FTSE off 0.5
Burberry falls to 14year low after profit warning
Robert Walters dips after fall in quarterly net fees
British CPI data on tap

July 15 Reuters London stocks slipped on Monday, as lower commodity prices and political uncertainty in the United States weighed on risk appetite, while luxury retailer Burberry tanked to a 14year low after scrapping its dividend payment.

The bluechip FTSE 100 index was down 0.6, while the midcap FTSE 250 was off 0.5, as of 0717 GMT.

The pound weakened 0.2 versus the dollar, after hitting a nearly oneyear high in the previous session.

Shares of Burberry tanked 10.7 after the company axed CEO Jonathan Akeroyd and warned on profit. The British retailer named former Michael Kors boss Joshua Schulman as its new chief executive.

The downbeat performance weighed on the personal goods sector, which hit its lowest levels since June 2010, leading to broader declines in the benchmark index.

Industrial metal miners dropped 1.3, even though copper prices held their ground and countered pressure from a firmer dollar.

Political uncertainty in the U.S. sent jitters across global markets after an assassination attempt at presidential candidate Donald Trump on Saturday solidified the Republican39;s winning bets.

Investors will be assessing how the attempted assassination of Trump will reverberate for the U.S. presidential campaign. Investor confidence is likely to be taking another knock, said Susannah Streeter, head…