India, Feb. 10 -- Th U.K. market climbed to fresh record highs Monday morning, lifted by strong gains in one of the world's largest oil companies & gas company BP Plc.

Investors are also awaiting U.S. President Donald Trump's next moves on tariffs. Trump said over the weekend that he would announce new 25% tariffs on all steel and aluminium imports, raising fears of a brewing global trade war and its potential impact on the global economy.

China's retaliatory tariffs on U.S. goods take effect later in the day. Trump has stated that he would announce reciprocal tariffs on Tuesday or Wednesday that mirror the tariffs those countries charge on American exports.

The benchmark FTSE 100 was up 42.70 points or 0.49% at 8,743.23 a little while a...