Shares in British banks were broadly up on the FTSE 100 in morning trading following good jobs data from the US last Friday.

More economic data from Britain is due out this week, with house price data from the Royal Institute of Chartered Surveyors due tomorrow and the Bank of England's quarterly inflation due to be released on Wednesday.

In addition Barclays is expected to make a statement on its third quarter tomorrow, following similar and mainly positive statements last week from Lloyds Banking Group, RBS and HSBC.

By 09:35 shares in Lloyds Banking Group were up 0.99 per cent to 70.50 pence per share, RBS shares increased 0.02 per cent to 45.01 pence per share and HSBC shares rising 0.51 per cent to 686.50 pence per share.

Barclays shares however were down 1.41 per cent to 285.75 pence per share.

Overall the FTSE 100 was down 0.31 per cent to 5,857.14.