1. UK inflation eases from 41-year high in November as economists call the peak
The annual inflation rate for transport fell for a fifth consecutive month to 7.6% in November 2022, its lowest rate since June 2021
2. BT's Openreach wholesale offer probed by watchdog ahead of potential 15% consumer price rises
BT's Openreach wholesale offer probed by watchdog ahead of potential 15% consumer price rises
3. FTSE 100 closes marginally lower
Britain's top share index finished midweek almost seven points lower, or 0.09%, at 7,496.
4. AstraZeneca attractive in the near term but patent cliffs loom, says broker
“Near-term AstraZeneca growth remains attractive, but a potentially slower trajectory from 2026, given numerous patent cliffs may be overlooked,” outlined Jefferies, with around 25% of 2021 sales potentially being lost by 2027.
5. Sam Bankman-Fried denied bail as fresh FTX revelations come to light
In addition to defrauding investors and stealing FTX customers’ money, New York attorney Damian Williams has accused Bankman-Fried of making “tens of millions of dollars” of illegal political donations to Democrats and Republicans alike using stolen customer funds.