"A large part of Europe is still in a partial or full lockdown, and it is crucial to avoid a back and forth between different levels of restrictions as this is causing significant damage to consumer and business confidence," Mr Cutkovic said.
London's FTSE 100 rose 1.8 per cent, despite data showing that British employers made a record number of staff redundant in the third quarter and the jobless rate jumped. Banking, auto parts and energy stocks were among Europe's biggest gainers, while travel & leisure stocks fell on lockdown concerns.
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