The FTSE 100 was down 0.4%, on the last trading session of the week, since UK markets will be closed on Thursday and Friday for Queen Elizabeth's Platinum Jubilee bank holiday.
Among stocks, Dr. Martens jumped about 20% after posting upbeat annual revenue growth, supported by increases in product prices.
However, BT Group inched down 0.2% after an investigation was announced by the UK competition watchdog over a deal to combine its sports broadcasting business with Warner Bros Discovery.
In other news, Tullow Oil and Capricorn Energy have unveiled a merger deal valuing the new entity at about £1.4 billion.
Things to read today:
UK and EU hit Russian oil cargoes with insurance ban (Financial Times)
Why activist investor Nelson Peltz joined Unilever (WSJ)
Half-Point ECB Hike Needed After Inflation Record, Holzmann Says (Bloomberg)