FTSE outperforms European peers as Brexit angst sinks sterling

LONDON (Reuters) - British blue chips outperformed their European peers on Monday morning as fears over Britain's European Union exit terms sank the pound, giving an accounting boost to stocks with foreign revenues in dollars.Oil majors BP and Royal Dutch Shell also helped keep the FTSE in the black, boosted by higher oil prices after top exporter Saudi Arabia announced a supply cut in December. The FTSE 100 was up 0.2 percent by 1015 GMT, while the domestically focussed mid-cap index FTSE MID..