UPDATE 2-Banks drag FTSE 100 down; airline shares lower on travel restrictions

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* Reckitt Benckiser, B&M European rise on brokerage targets

* Airlines slip as UK drops Portugal from safe travel list

* FTSE 100 down 0.1%, FTSE 250 up 0.1%
(Updates prices, adds sector details)

By Shivani Kumaresan and Devik Jain

June 4 (Reuters) - Banks and industrial stocks weighed on
London's FTSE 100 on Friday, while airline stocks came under
pressure as Britain tightened travel restrictions again.

The blue-chip FTSE 100 index edged 0.1% lower, with
HSBC, Prudential, Barclays and Lloyds
banking group down between 0.7% and 1.2% after weaker
than expected U.S. jobs data pushed bond yields lower.

Miners, including Anglo American, BHP Group
and Rio Tinto offered the biggest support.

British airways owner IAG lost 0.9% after Britain
removed Portugal from its quarantine-free travel list and added
seven more countries to its red list.

Other airlines including Ryanair Holdings, Wizz Air
and EasyJet fell between 1% and 2.6%.

The domestically focused mid-cap FTSE 250 index was
also little changed, nudging up 0.1%.

"The travel sector continued to see aftershocks from
yesterday’s earthquake decision to remove Portugal from the
green list," said Danni Hewson, financial analyst at AJ Bell.

"Hopes of anything approaching a normal summer for the
industry now look pretty much over."

Meanwhile, the prevalence of COVID-19 infections in England
almost doubled in the last week of May and the estimated
reproduction "R" number crept up as the "delta" variant became
more widespread, raising worries about the country's unlocking
plans.

Globally, shares rallied as a weaker-than-expected U.S. jobs
report eased concerns that a fast recovery in the world's
biggest economy could prompt the Federal Reserve to shut off the
stimulus taps sooner.

After breaking above the 7,000 mark in mid-April, the FTSE
100 index has oscillated in a narrow range on worries that rapid
economic growth could lead to higher inflation and faster
tightening of ultra-loose monetary policies.

Among other stocks, Reckitt Benckiser Group rose
1.3% and B&M European Value Retail added 1.9% after
brokerages hiked their price targets.
(Reporting by Shivani Kumresan and Devik Jain in Bengaluru;
Editing by Subhranshu Sahu, Kirsten Donovan)