FTSE 100 lower at midday, Royal Mail owner International Distribution Services in the spotlight
European stocks were down at midday in London, as new economic data from China showed continued sluggish domestic consumption.China's retail sales growth weakened last month, official data showed on Monday, missing forecasts as demand remains muted in the world's number two economy. Retail sales expanded 3% year-on-year in November, the National Bureau of Statistics said, slowing from a 4.8% rise