UPDATE 2-Energy, mining stocks drag FTSE 100 lower as Amigo tumbles

(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)

* UK court rejects Amigo rescue plan, shares tumble

* Aveva group rises on upbeat business outlook

* FTSE 100 down 0.3%, FTSE 250 flat
(Updates with market close)

By Shivani Kumaresan and Devik Jain

May 25 (Reuters) - London's FTSE 100 index was dragged lower
by energy and mining stocks on Tuesday, while subprime lender
Amigo was on track for its worst day on record after a
British court rejected its proposed redress scheme.

The blue-chip FTSE 100 index fell 0.3% with oil
heavyweights BP and Royal Dutch Shell falling
1.2% and 1.6% respectively.

Miners including Rio Tinto, Anglo American,
Glencore and BHP were also among the biggest
drags on the FTSE 100, with shares falling between 1.2% and
1.6%.

However, losses were limited by industrial software company
Aveva, which gained 1.6% after saying it was confident
about the year ahead as the business environment had improved in
most of its major markets.

"The FTSE 100 was struggling for direction ... given the
continuing uncertainties over vaccines versus variants, the
risks of inflation and the continuing volatility in the
commodity and cryptocurrency markets," Russ Mould, investment
director at AJ Bell, said.

The domestically focussed mid-cap FTSE 250 index was
flat with Royal Mail up 6.6% to the top of the index
after Peel Hunt upgraded it to "buy" from "hold".

After rising 9% in the first four months of this year on
recovery optimism, the FTSE 100 has traded in a tight range in
recent sessions on concerns that a resurgence of COVID-19 cases
across parts of Asia might delay a global economic recovery.

Amigo's shares tumbled 55.3% after a court refused to
sanction a proposed rescue plan to manage its large backlog of
redress claims.

Among other stocks, AstraZeneca fell 0.8% after
Britain's competition regulator said it was reviewing the
drugmaker's $39 billion buyout of U.S.-based Alexion.
(Reporting by Shivani Kumaresan and Devik Jain in Bengaluru;
Editing by Subhranshu Sahu and Alexander Smith)