(Writes through at close of trading )

* June, Q2 UK GDP data due Thursday

* Vistry falls on report Allianz Trade reducing cover

* Plus500 climbs after rise in half-year core profit

Aug 10 (Reuters) - London's stock indexes eased on Monday,

taking a breather after last week's gains, with shares of

Imperial Brands ( IMBBF ) dropping on a report of planned job cuts

and as investors awaited economic data later in the week.

The blue-chip FTSE 100 closed down 0.4% at 10,862.50

points, while the midcap FTSE 250 slipped 0.4% to

24,744.54 points after logging a record closing high in the

previous session. Both indexes notched their fourth consecutive

week of gains on Friday.

* Tobacco company Imperial Brands ( IMBBF ) sank 4.6% as it prepared

to cut thousands of jobs in key markets to reduce costs,

according to a report by Bloomberg News. It became the biggest

loser in the blue-chip index, while rival British American

Tobacco also fell 4.4%.

* Energy stocks firmed about 1%, as oil

prices jumped 3% after Iran said the U.S. must lift sanctions on

Tehran, pay reparations and meet a number of other conditions

before the Strait of Hormuz is reopened.

* Data on Thursday is expected to show the UK economy grew

1.1% on an annualised basis in the second quarter, possibly

helped by lower energy prices. British retail sales were

unexpectedly strong in June, helped by spending related to warm

weather and the World Cup.

* Bottler Coca-Cola HBC slid 4.8% after brokerage

BNP Paribas cut its rating to "neutral" from "outperform".

* The household goods & home construction index

slipped 2.6%, weighed down by a 12% plunge in

affordable homebuilder Vistry's shares after the

Financial Times reported that credit insurer Allianz Trade could

reduce the cover it extends to Vistry's suppliers by up to 70%,

a move that could exacerbate a cash flow squeeze.

* Mining giant Glencore ( GLCNF ) gained 2.1% after Barclays

raised its price target to 650 pence from 635 pence following

strong results last week.

* Plus500 climbed 2.1% after the trading platform

reported a rise in half-year core profit, aided by higher

trading activity.