Investing.com - U.K. stocks were flat Friday as the pound dipped below $1.30 after the release of revised first quarter GDP data.
The FTSE 100 was up 0.01% at 06:00 ET.
The pound was off 0.13% at $1.2990. The yield on the 10-year gilt was off a high of close to 1.3%.
Bets of a Bank of England rate hike have increased after hawkish remarks by governor Mark Carney.
U.K. first quarter annual GDP growth was confirmed at 2.0%.
Household disposable income fell for the third quarter in a row as the savings rate hit a record low of 1.7%.
Market research firm GfK reports a drop in consumer confidence in June to its lowest level since the Brexit vote.