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* Endeavour Mining drops on ousting CEO

* Slump for UK builders eases in December on rate cut hopes

* FTSE 100 down 0.4%, FTSE 250 off 0.8%

Jan 5 (Reuters) - Britain's main stock indexes snapped a string of weekly gains on Friday, marking a grim start to 2024, as investors scaled back bets of aggressive monetary policy easing following better-than-expected economic data.

The exporter-heavy FTSE 100 fell 0.4%, under pressure from a stronger pound that tends to hurt shares of dollar earners.

The index also fell 0.6% over the week, its first drop in six weeks. After a strong 2023, global stock markets have sold off in the new year as investors re-priced expectations on how many times the U.S. Federal Reserve and other major central banks will cut rates this year.

While Wall Street stocks recovered from an early sell-off, which was triggered by a stronger-than-expected jobs data, European markets remained under pressure.

"After a strong end to 2023 on expectations of early central bank rate cuts, markets have started 2024 undergoing the equivalent of a bit of a cold shower," noted Michael Hewson, chief market analyst at CMC Markets.

Spirits maker Diageo dropped 1.5% after China opened an anti-dumping investigation into brandy imported from the European Union. China accounts for 3% of sales for Diageo.

UK-listed shares of Endeavour Mining slid 6.9% as the gold miner said it had removed CEO Sebastien de Montessus with immediate effect.

Britain's mid-cap FTSE 250 index fell 0.8% for a weekly decline of 2.4%.

A series of economic data this week showed some evidence that Britain's economy was more resilient than feared in December, prompting traders to cut back expectations of rate cuts from the Bank of England this year.

A survey indicated Britain's construction sector showed signs in December that it might have seen the worst of a slump caused by the steep climb in interest rates.

British house prices rose in annual terms in December for the first time in eight months, mortgage lender Halifax said, adding to signs of stabilisation in the property market after a hit from higher borrowing costs.

Money markets are now pricing in 123 basis points of interest rate cuts by the Bank of England in 2024, compared with 150 basis points last week. (Reporting by Shubham Batra and Sruthi Shankar in Bengaluru; Editing by Savio D'Souza and Mark Potter)