News from earlier in the weekend (late Friday):
- The ratings agency Standard and Poor's (S&P) has cut its outlook for the UK economy because of a planned referendum on EU membership.
- The referendum "represents a risk to growth prospects" for the country's economy, S&P said in a statement.
- S&P changed its outlook to negative from stable but kept its current rating on the UK the same.
Cable is a little lower in the early Monday hours