European stocks are mixed on Thursday, with the U.K. leading the continent’s major indices as mining groups rebound. Mainland indices take a breather after Wednesday’s rally as figures show that January industrial output in the euro zone unexpectedly contracted. In London TSB Banking Group surges on news that Spain’s Banco de Sabadell has approached it about a $2.6 billion takeover, and in the consumer sector clothing retailer Asos, which targets 20-something fashion lovers, cheers investors with strong quarterly sales after a string of profit warnings.